And,
From SI’s history.
Note the bold.
Stan
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To:Terry Davies who wrote (55533)From: advocatedevil Wednesday, Nov 14, 2001 12:33 PMRespond to of 58425
Exerts
Applied Materials [AMAT:Nasdaq] will report Q4 results
after the close on Wednesday.
We believe signs point to a bottoming
in orders in the Q1 or Q2 of fiscal 2002, and a bottoming in
revenues during the same period. CEO James Morgan should
be typically conservative in his official statement and in the
conference call, and we expect he will caution toward a flat
performance for the company for most of fiscal 2002.
Applied is expected to earn $0.04 per share, according to First
Call, lower than the $0.05 per share earned in Q3.
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To:Jerome who wrote (55572)From: michael97123 Wednesday, Nov 14, 2001 4:13 PMView Replies (1) | Respond to of 58425
FROM BRIAN ON OTHER THREAD
Applied Materials Announces Results for the Fourth Quarter and Fiscal Year 2001
Fourth Quarter New Orders of $1.10 Billion and Net Sales of $1.26 Billion
SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 14, 2001--Applied Materials, Inc., the world's largest supplier of wafer fabrication solutions to the semiconductor industry, reported results for its fourth fiscal quarter ended October 28, 2001. The Company implemented Staff Accounting Bulletin No. 101 (SAB 101), ``Revenue Recognition in Financial Statements,'' for the fourth fiscal quarter of 2001, retroactively effective to the beginning of fiscal 2001. Accordingly, the first three fiscal quarters of 2001 have been restated. Fiscal 2000 amounts have not been restated.
Net sales were $1.26 billion, down 20 percent from $1.58 billion for the third fiscal quarter of 2001, and down 57 percent from $2.92 billion for the fourth fiscal quarter of 2000. Ongoing net income (net income, excluding one-time items) for the fourth fiscal quarter of 2001 was $22 million, or $0.03 per diluted share, down 82 percent from $128 million, or $0.15 per diluted share, for the third fiscal quarter of 2001, and down 97 percent from $664 million, or $0.77 per diluted share, for the fourth fiscal quarter of 2000. The Company's results of operations for the fourth fiscal quarter of 2001 included a pre-tax restructuring charge of $149 million, or $0.13 per share after tax, for employee-related costs, consolidation of facilities and other costs in connection with the restructuring previously announced on September 20, 2001. The reported net loss for the fourth fiscal quarter of 2001 was $82 million, or $0.10 per share, compared to net income of $115 million, or $0.13 per diluted share, for the third fiscal quarter of 2001, and $664 million, or $0.77 per diluted share, for the fourth fiscal quarter of 2000.
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To:Jerome who wrote (55580)From: Alastair McIntosh Wednesday, Nov 14, 2001 5:51 PMView Replies (1) | Respond to of 58425
If AMAT's report and grim outlook does not start the down wave in the SCE sector, I don't know what will.
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.
biz.yahoo.com
And finally.
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To:orkrious who wrote (55603)From: StanX Long Thursday, Nov 15, 2001 12:41 AMView Replies (1) | Respond to of 58425
From my TDWaterhouse Account, no link.
Stan
Applied Materials down 4.5% on results, outlook
NEW YORK (CBS.MW) -- Applied Materials shares slid in evening trading action Wednesday after the semiconductor equipment maker reported fourth-quarter results that were sharply lower than a year before and said business might not be much better in the first quarter.
Applied Materials said first-quarter orders could be flat to slightly lower than those reported in the fourth quarter. It also warned of the possibility of a "small loss" for its first quarter. . |
