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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (521)	11/14/2001 4:41:18 PM
From: Math Junkie	Read Replies (1) \| Respond to of 25522

E*Trade is showing AMAT down almost a dollar after hours.

To: Ian@SI who wrote (521)	11/14/2001 5:41:43 PM
From: Proud_Infidel	Respond to of 25522

Applied Materials see 1st-qtr sales of $1 billion SAN FRANCISCO, Nov 14 (Reuters) - Applied Materials Inc. (NasdaqNM:AMAT - news), the No. 1 maker of semiconductor manufacturing equipment, said on Wednesday that it expects fiscal first-quarter sales of about $1 billion, down from $1.26 billion in the fourth-quarter. Joseph Bronson, chief financial officer at Applied Materials, made the projection on a conference call to discuss its financial results. Applied will be ``profitable or incur a small loss'' in the first quarter, Bronson said. Analysts now expect the company to have per-share profits of 4 cents, within a range of a profit of 8 cents to a loss of 1 cent, on sales of $1.19 billion, according to Thomson Financial/First Call. Orders in the first quarter will be very close to fourth-quarter levels of $1.10 billion, or slightly below.

To: Ian@SI who wrote (521)	11/14/2001 6:04:52 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Digital camera picture fades in U.S. By Richard Shim Special to CNET News.com November 14, 2001, 11:20 a.m. PT Prospects for the once booming digital camera market dimmed in the third quarter of 2001 and will likely stay that way in the fourth quarter, research firm IDC said in a report released Wednesday. Erosion of the U.S. market for cameras priced under $100 and lower-than-expected growth in sales of mid-range and high-end cameras led to a 20 percent decline in shipments compared with the same quarter last year. Overall, manufacturers shipped 1.8 million units to the United States in the third quarter, and total U.S. shipments for the year will be about 7.6 million units, according to IDC. The major blow in the third quarter was the drastic decline in shipments of sub-$100 cameras. Manufacturers shipped only 300,000 sub-$100 cameras, down from 1 million units in the same quarter last year. The sub-$100 market was largely responsible for the tremendous growth of the digital imaging market, and its decline will be difficult for the market to overcome. But IDC analyst Chris Chute said other signs of growth are developing. "There are signs that infrastructure is improving, which could lead to another big growth spurt for the market, but it's really up to the retailers and the companies that offer the technology to make digital imaging easier to use for consumers," Chute said. Chute defined infrastructure as other methods of developing and using digital images, such as in-store kiosks and portable printers, without the use of a PC. Chute added that the Sept. 11 attacks also hurt third-quarter shipments, as sales activity all but halted for the month. Chute said manufacturers and distributors are "cautiously optimistic" about fourth-quarter shipments. The sub-$100 market is expected to decline another 60 percent next year, and sales of mid-range and high-end models will likely grow only slightly, in the range of a few percentage points. The financial hardships of companies that were significant contributors to the sub-$100 market, such as Polaroid and Agfa, which recently exited the camera market, were significant factors in the decline of the segment. Market share did not change in the top three spots. Sony was the third-quarter leader with 18 percent of the market, followed by Hewlett-Packard and Olympus, each accounting for 12 percent of the market.

To: Ian@SI who wrote (521)	11/14/2001 6:20:15 PM
From: Proud_Infidel	Respond to of 25522

5:40PM Applied Materials (AMAT) 40.71 -0.09: -- Update -- Salomon Smith Barney is out with a note after the earnings release. JanQ guidance provided on call was in line with Salomon's expectations after it read the release. However Salomon expected the company to indicate on the call that JanQ would represent the cyclical bottom. Management did not go that far...stock at 38.96.

To: Ian@SI who wrote (521)	11/14/2001 8:54:04 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Didn't see this posted anywhere.... 11:05AM KLA-Tencor (KLAC) 49.26 -1.28 (-2.5%): Issue rolls to its lows of the morning amid trading floor talk that the semiconductor equipment maker is issuing cautious guidance at the SoundView Technology conference. We're hearing that company sees orders for Dec flattish to slightly down (Street said to be expecting flat). We have not been able to confirm comments with the company.

To: Ian@SI who wrote (521)	11/15/2001 9:15:15 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Taiwan's Electronics Manufacturers Pressured to Cut Forecasts November 15, 2001 (TAIPEI) -- Many of Taiwan's electronics manufacturers are coming under growing pressure to lower their result forecasts now that they are into the fourth quarter. Behind the pressures are the impact of the Sept. 11 terrorist attacks on the United States, which absorbs the majority of Taiwan-made electronics products; the effects locally of Typhoon Nari, which struck Taiwan in September and killed nearly 100 people; and the continuing weak global economy. The companies facing pressure to cut their projections, some for the first time and others for the second time this year, can be found in the upstream, midstream and downstream segments of Taiwan's electronics industry, suggesting the business downturn is across-the-board. Taiwan's electronics manufacturers, including Hitron Technology Inc., Jean Co., Ltd., Merry Electronics Co., Ltd., Orient Semiconductor Electronics Ltd., Sunplus Technology Co., Ltd., and PWC Printed Wire Co., Ltd., are expected to lower their result outlooks due to their lower-than-expected first three quarter revenues. PWC projects pre-tax earnings at NT$101 million (US$2.97 million at US$1 = NT$34) on revenue of around NT$3.61 billion (US$106.44 million) this year. But now it is struggling to keep itself from running into a loss. The market is now skeptical about whether Merry is able to make its earnings goal this year since it achieved only some 30 percent of its goal in the first half. However, the company is confident, saying that international cell-phone giants have since May resumed delivering orders, and it has signed up many new customers both in Taiwan and China. Heavyweight Taiwanese electronics manufacturers that have cut outlooks include Taiwan Semiconductor Manufacturing Co., Ltd., United Microelectronics Corp., Avision Inc., First International Computer Inc., Compeq Manufacturing Co., Ltd., Synnex Technology International Corp., Weltrend Semiconductor Inc., and RAL Electronic Corp. The Sept. 11 tragedy has worsened the already weak world computer market, which was expected to perk up in the fourth quarter on the traditional year-end shopping season. Now, the spot price for a 128Mb DRAM chip has fallen close to US$1, beating manufacturers' expectations of US$2.5 to US$3. DRAM manufacturers, including Nanya Technology Corp., ProMos Technologies Inc., and Powerchip Semiconductor Corp., are under pressure to cut their projections again as a result of the continuing weak market. Both Powerchip and ProMos have said that they are indeed coming under pressure of slashing projection one more time, but they will decide only after third-quarter results come out. (Commercial Times, Taiwan)