Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: advocatedevil who wrote (50258)	8/7/2001 12:27:45 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

ad, now there's a nice, safe prediction >DB Alex. Brown says fundamentals weakened more than expected, and aggressive pull-in at end of quarter makes low end guidance likely; sees significant uncertainty in Q4 and beyond, and says recovery not within limits of visibility; advocates caution.< G.

To: advocatedevil who wrote (50258)	8/7/2001 12:33:24 PM
From: Alastair McIntosh	Respond to of 70976

This agrees with CSFB's view on AMAT: AMAT reports August 14 - expect a slight miss - Also Lowering F02 Estimates. Off of 2Q(Apr) conference call, AMAT guided to revenue and EPS of $1.2 to $1.3 billion and break-even to slightly above. The company also guided to a book:bill of 1:1 or slightly above. Bookings guidance implies orders slightly down from 2Q(Apr) gross bookings of $1.35 billion and slightly up from 2Q(Apr) net orders of $1.05 billion. Our revenue and EPS estimates are $1.2 billion and $0.05 and bookings of $1.2 billion or a 1:1 book:bill - street concensus EPS is $0.02. We believe the company is at risk to miss slightly to the downside. Look for October guidance to be down slightly sequentially, which we believe will prove too optimistic. Additionally, due to the continued poor macro environment we are also lowering our F02 estimates to $5.24 billion and $0.36 from $6.30 billion and $0.90 - street consensus is $1.07.