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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (24071)	11/14/2001 4:22:30 PM
From: TechTrader42	Respond to of 52237

Joe K. asks about AMAT's disappointing report, "...but does it really matter?" I suppose it doesn't, based on after-hours quotes. Applied Materials' Profit Down 97 Percent SANTA CLARA (Reuters) - Applied Materials Inc. (Nasdaq:AMAT - news) on Wednesday reported fiscal fourth-quarter profits that plunged more than 90 percent, but the world's biggest maker of semiconductor-manufacturing equipment signaled that sequential declines in orders may be nearing an end. For the quarter ended Oct. 28, Santa Clara, California-based Applied Materials reported a loss of $82 million, or 10 cents a share, compared with year-ago net income of $664 million, or 77 cents, a year ago. Sales fell to $1.26 billion from $2.92 billion -- in line with its earlier forecast. Excluding certain one-time items, Applied said it would have earned $22 million, or 3 cents a share. On that basis, analysts polled by research firm Thomson Financial/First Call were expecting per-share profits of 4 cents, within a range of 1 cent to 8 cents, on sales of $1.24 billion.