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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: daryll40 who wrote (56082)	11/21/2001 11:15:57 AM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

"Chip report leaves Street wanting" snip: "Analyst John Pitzer at CS First Boston said the October data was distorted by a one-time large order booked by Applied Materials (AMAT: news, chart, profile). In a research note, he said the chip industry may be in the process of "bottoming," but believes things may get worse by the end of the year or in the first quarter of 2002." snip: UBS Warburg's Byron Walker said industry conditions remain weak due to low capacity utilization and weak end-market demand. "While we believe that we are nearing an order bottom, we expect orders to be down over the next two months, and to remain at very low levels through the middle-third of 2002," Walker wrote in a note to clients. complete article at: marketwatch.com AdvocateDevil