Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sam Citron who wrote (62332)	3/25/2002 2:47:37 PM
From: Cary Salsberg	Read Replies (1) \| Respond to of 70976

RE: " Would love to see the complete report if anyone has it." You just think you "would love" it. I hope someone finds it for you because I am convinced you will be disappointed. Earnings will grow "5 times" 78% = 390%. AMAT will appreciate 78% to ~$90. I guess this is a cycle high call, but it is too important for them to say so.

To: Sam Citron who wrote (62332)	3/25/2002 3:36:32 PM
From: semi_infinite	Read Replies (1) \| Respond to of 70976

> 07:41am EST 25-Mar-02 Salomon Smith Barney (Glen > Yeung +1-415-951-1885) > AMAT MY > Raising Price Targets on Six Names (Part 1 of 2) > > We highlight the following activity that are > contributing to > the industry's growing order backlog: > > * TSMC has placed a large order ($500M) for its > Fab 12 and Fab 14, > both > 300mm facilities > > * UMC has pulled in $200M in orders for its > Fabs 12A and B, also 300mm > > * Micron has placed initial orders for its > 300mm pilot line in Boise; > we > are expecting additional larger orders from > Micron in 3Q02 for 200mm > retrofits > > * ST Micro has been qualifying vendors for an > expansion of its Crolle > facility > > * IBM continues to place orders for its East > Fishkill facility and > vendors > are being qualified presently > > * Intel has been placing orders at a steady > pace; we are expecting an > increase to this order pattern in 3Q02 > related to the expansion of a > European facility > > * Nanya has committed to tapping the financial > markets to raise > capital > for a 300mm expansion > > * Powerchip has indicated it will go ahead with > its 300mm plans > > * Elpida Memory has received financing and will > go ahead with its > 300mm > plans > > We expect equipment companies to post 15-25% > sequential order gains in 1Q02 > and > to guide for similar gains in 2Q02. Our visibility > at this stage extends > to > 3Q02 where we again expect double-digit sequential > order gains. Within > this, we > are currently expecting capital spending for 2002 > budgets from Samsung > ($300M > to $2.2B), TSMC ($400M to $2.0B), and UMC ($200M to > $1.0B).