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To: sun-tzu who wrote (134511)11/14/2001 5:12:23 PM
From: sun-tzu  Respond to of 436258
 
wrong "spin"...LOL!



To: sun-tzu who wrote (134511)11/14/2001 5:22:10 PM
From: WaveSeeker  Read Replies (1) | Respond to of 436258
 
Capital spending to decline 30% in 2002 but long-term outlook is STRONG, i.e., when Chelsea Clinton and her dad have a baby.

17:16 ET Applied Materials (AMAT) 40.71 -0.09: -- Update -- On call. company says orders should be weak in JanQ, slightly below OctQ....While sales and EPS should be lower than consensus, gross margin should increase vs the 37.1% achieved in OctQ...Mgmt expects industry capital spending to decline 30% in 2002 and cap spending for wafer fabs to decline 35%....stock at 39.15.



To: sun-tzu who wrote (134511)11/14/2001 5:39:38 PM
From: Les H  Read Replies (2) | Respond to of 436258
 
did you see CNBC display a 50-point high chart for AMAT to make the 1.87 point drop seem miniscule? The girl who was reading the chart said that there was little price change in response to the earnings report and conference call. Then the next chart was a chart about 4 points in height, and that stock's price change of 50 cents looked large. Nice trick by CNBC.