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To: sun-tzu who wrote (134490)11/14/2001 4:13:16 PM
From: WaveSeeker  Read Replies (1) | Respond to of 436258
 
New orders 1.1 billion vs. 3.6 billion, yet they go to pains in a DJ News headline saying "Industry Outlook is STRONG", and the stock trades up lol.



To: sun-tzu who wrote (134490)11/14/2001 4:19:25 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
AMAT missed, even with pro-forma nonsense...let's see if anyone gives a $hit...

cbs.marketwatch.com;

4:09pm 11/14/01 Applied Materials Q4 loss 10c (AMAT) By Chris Kraeuter

Applied Materials (AMAT) reported a fourth-quarter net loss of $82 million, or 10 cents a share, compared with net income of $664 million, or 77 cents a share, during the same quarter last year. Excluding one-time charges, net income was $22 million, or 3 cents a share. Analysts surveyed by Thomson Financial/First Call expected earnings of 4 cents a share, excluding charges, on revenue of $1.24 billion. Actual revenue was $1.26 billion compared with $2.92 billion during the same quarter last year. Ahead of the report, shares ended down 9 cents to $40.71. This is the first quarter Applied reported its results in full compliance with accounting rule SAB-101, which is designed to align revenue recognition with customer acceptance of a product instead of at the time of shipment.