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

To: Cary Salsberg who wrote (58483)	1/7/2002 4:01:38 PM
From: Return to Sender	Respond to of 70976

FWIW: It was a little better than 1% Cary as I went short 1000 shares at 45.46 and got out at 44.91. I've made a lot of investment mistakes over the years so whether you measure a gain by dollars or percent makes very little difference to me as long as it is a gain. The losses hurt much more and are definitely much more memorable. Interestingly enough the amount I could borrow for margin when up $2000.00 after the trade. I'm sitting mostly in cash now. I think AMAT and the SOX are at risk of further profit taking but I also believe that we are on the verge of a recognizable economic recovery. By that I mean that while it may yet be months before economists agree with you that a new Bull Market began post 9/21 you are most likely right. RtS

To: Cary Salsberg who wrote (58483)	1/7/2002 5:15:33 PM
From: Return to Sender	Read Replies (1) \| Respond to of 70976

Altera Sees Sales Off 7 Percent Vs 3rd Quarter dailynews.yahoo.com SAN FRANCISCO (Reuters) - Specialty chipmaker Altera Corp. (Nasdaq:ALTR - news) on Monday narrowed its sales guidance for the fourth quarter, saying that revenues would decline about 7 percent from $174.2 million reported in the third quarter. Previously, the San Jose, California-based company said sales would decline 5 percent to 10 percent sequentially. Altera also said it would take charges of about $53 million for writing off inventory and writing down assets. ``It appears that we have seen the bottom of this cycle,'' John Daane, president and chief executive, said in a statement, referring to the cyclical semiconductor industry. ``We look forward to modest growth in the March quarter. The new guidance implies fourth-quarter sales of about $162 million. Analysts forecast sales at $164 million, according to Thomson/Financial First Call. ALTR is up 5% after hours. RtS