Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (21219)	11/14/2001 5:47:05 PM
From: Sully-	Respond to of 209892

* 17:43 ET After Hours Movers : Prices vs 4 pm ET close... AMAT -1.81 accelerating its losses in late trading after its fourth quarter earnings report. Semiconductor equipment sector peers NVLS -1.15 and KLAC -1.27 widening their respective losses as well. CYBX -0.50 selling off now on its second quarter earnings report while AGIL -1.24 is getting sold off as well.

To: patron_anejo_por_favor who wrote (21219)	11/14/2001 5:49:13 PM
From: JRI	Respond to of 209892

<Projected 1-1.1B in sales in 1Q> Last time sales were this low..stock was priced at $28 and $16 respectively... Of course, short-term prospects a lot better then-g

To: patron_anejo_por_favor who wrote (21219)	11/14/2001 5:49:16 PM
From: Sully-	Read Replies (1) \| Respond to of 209892

* 16:07 ET Applied Materials (AMAT) 40.71 -0.09: -- Update -- Reports Q4 net of $0.03 a share, $0.01 worse than the Multex consensus, vs yr-ago EPS of $0.77. Sales fell 57% to $1.26 bln (mean $1.255 bln). New orders down 69% to $1.1 bln (Salomon Smith Barney est was $1.2 bln). * 16:16 ET Applied Materials Reaction : Prices vs 4 pm ET close... Initial reaction to the AMAT report appears to be favorable. AMAT +0.50 and chip equipment sector peers NVLS +0.15 and KLAC +0.10 also edging higher. * 16:54 ET Applied Materials (AMAT) 40.71 -0.09: -- Update -- On call, company calls Fiscal year just ended (Oct) "The Perfect Storm."...Company will be providing guidance in a few minutes...stay tuned...stock at 39.72. * 17:11 ET Applied Materials (AMAT) 40.71 -0.09: -- Update -- On call, company guides lower for JanQ...sales now expected at $1 bln vs Multex consensus of $1.26 bln...As for EPS, company expects to remain profitable or incur a small loss vs Multex consensus of profir of $0.05 per share....stock at 39.12. * 7:16 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. * 17:18 ET Applied Materials (AMAT) 40.71 -0.09: -- Update -- On call, company says DSOs declined to 56 days from 96 days due to aggressive collection...The number of customers placing $10mln+ orders in OctQ declined to 12 vs 14 in JulQ....stock at 38.95. * 17:25 ET After Hours Indications : The late session tone is deteriorating somewhat as AMAT's conference call progresses. S&P futures at 1142, trade one point below fair value while the Nasdaq 100 after hours indicator is lower by 7.5 points. * 17:40 ET 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. * 17:43 ET After Hours Movers : Prices vs 4 pm ET close... AMAT -1.81 accelerating its losses in late trading after its fourth quarter earnings report. Semiconductor equipment sector peers NVLS -1.15 and KLAC -1.27 widening their respective losses as well. CYBX -0.50 selling off now on its second quarter earnings report while AGIL -1.24 is getting sold off as well.