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

To: Gottfried who wrote (58657)	1/10/2002 8:38:07 PM
From: Return to Sender	Read Replies (1) \| Respond to of 70976

RMBS and CREE move in opposite directions after hours. From Briefing.com: 5:12PM Rambus (RMBS) 8.59 +0.04: -- Update -- On conference call, company affirms EPS guidance of $0.05, in-line with Multex consensus. MarQ sales are expected to be down 3%-7% sequentially which translates into $23.1-$24.1 vs Multex consensus of $27.5 mln....stock at 9.30. 4:28PM Rambus (RMBS) 9.14 +0.59 (+6.9%): Announces Q1 EPS of $0.06, better than consensus by a penny; revs declined 28% to $24.9 mln, below consensus of $26.6 mln. Royalties declined 13% to $21.8 mln when compared to the previous quarter. Royalties were down primarily due to continuing DRAM industry price erosion during the third calendar quarter. The co will hold a conference call (800-947-6512) at 4 PM ET today. 4:07PM Cree (CREE) 30.65 -0.57: -- Update -- Reports Q2 earnings of $0.08 per share, $0.01 worse than the consensus estimate; reports revenues of $41.1 mln versus the consensus estimate of $46.8 mln. 3:59PM Intel (INTC) 34.65 -0.71 (-2.0%): Stock is moving lower, hearing mkt talk that INTC is having unspecified problems with their Atheros 802.11 wireless LAN product which could delay shipping by 4-6 weeks; in addition, we are also hearing that PROX is also having problems with their product. If these rumors are true, this could be interpreted as positive for ISIL, and shouldn't impact INTC too much as that product is a small % of their revs. 3:43PM Novellus (NVLS) 43.75 -0.67 (-1.5%): Traders citing Bloomberg saying that the co fired an undisclosed number of workers, cuts hit all locations; CEO will discuss job cuts on a Jan 22 conference call. 12:18AM RF Micro Device (RFMD) 18.88 +1.86 (+10.9%): -- Update -- Hearing from traders citing Dow Jones that RFMD's CFO announced that co expects to be profitable in Q3 and the "near-term", and is optimistic about margins. 12:06AM IBM (IBM) 122.50 -1.99 (-1.6%): -- Update -- Goldman Sachs put out a lukewarm defense of IBM regarding rumors that the co will have to preannounce; no changes to ests (which are slightly below consensus) or Recommended List rating; firm is more comfortable with Dec and Mar qtr's bottom-line ests than with the top-line, as the weak yen will likely have a negative impact on Dec revs. 10:43AM IBM (IBM) 121.77 -2.72 (-2.2%): The IBM "warning rumor" that seems to find life every quarter is in the market again, and is said to be weighing on equities. finance.yahoo.com RtS

To: Gottfried who wrote (58657)	1/10/2002 8:44:25 PM
From: Jerome	Read Replies (2) \| Respond to of 70976

Gottfried/kdavy, OT *** brainstorming.... Some things will still work this month. Looking at the semi's from today I'd be long most of them for the rest of the month. The month is off to a good start and every attempt for a sell off has failed. Max pain this month is fool's gold....the fact that so many are predicting a pullback is the major reason it will not happen. From today till the end of the month I'd be long AMCC and AMAT...Lets see how NVLS pans out after announcing layoffs. For those interested in an option strategy for AMAT view my posting on the no politics thread. If this month were to collapse it would have already started. The amount of sideline money and shift of money from mm to stocks is the most impressive part of this rally. Does it really take a genius to be long INTC, MSFT, ORCL, SUNW, AMAT, DELL, and a few personal favorites????(ATML,CPQ, AMCC, GLW, CIEN) Regards, Jerome