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


To: Donald Wennerstrom who wrote (62162)3/19/2002 4:56:09 PM
From: Donald Wennerstrom  Read Replies (2) | Respond to of 70976
 
An input from Briefing.com

<<Applied Materials (AMAT) 52.68 +0.86: Shares continue their slow climb off Oct lows of $27; stock broke $50 level last Wednesday and appears poised for more upward movement going into the co.'s analyst meeting on Thurs. Thomas Weisel expects the meeting to be upbeat; anticipates that AMAT's order book is tracking ahead of its forecast of 10-15% seq. order growth, and that this growth may be sufficient to warrant an upward revision to the co.'s forecast. CIBC names AMAT their top pick during the SEMInvest conference this morning. Prudential adds that AMAT April qtr orders of about $1.29 bln (gross orders) translates to about $430 mln/month, up from $370 mln in Jan.>>