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


To: StanX Long who wrote (51052)8/22/2001 11:34:59 PM
From: Katherine Derbyshire  Read Replies (2) | Respond to of 70976
 
An $83 million change in revenue is roughly 9 steppers. I.E. One fab cancellation.

I'm surprised their projections are as good as they are.

Katherine



To: StanX Long who wrote (51052)8/22/2001 11:44:12 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Stan, speaking of forecasts: this Forbes columnist rips A.G.

Blame Greenspan
James Grant, Forbes Magazine, 09.03.01, 12:00 AM ET

The chairman's ill-timed optimism seduced investors and helped inflate the bubble.


may require registration [but after that one-time step you get to read Forbes free online]
forbes.com

Gottfried
PS: Forbes' cover story worries about a housing crash. Don't let Mike see this.



To: StanX Long who wrote (51052)8/22/2001 11:49:52 PM
From: advocatedevil  Respond to of 70976
 
Stan, RE: "Does this mean they projected $83 mil but broke even or zero profit."

Projections for the year were for a profit of $83 million and now the expectation is $0. The article doesn't state when the original projection was made.

AdvocateDevil