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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (42562)	5/13/2002 12:01:45 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Merrill Lynch analyst Brett Hodess said that checks indicate that AMAT has had faster-than-expected acceptance of new shipments at some customers, which could provide slightly higher revenue and profit results than in his estimates. "We believe the company is seeing the beginning of a recovery in all regions: Taiwan, Europe, US, Japan and China," he wrote in note to clients. "The pickup in these regions represents all types of chipmakers: foundry, DRAM, and logic." "This strength could result in orders coming in as high as $1.4 billion, above our original $1.2 billion estimate for the quarter," he said. Goldman Sachs analyst James Covello on Monday increased his 2002 and 2003 earnings-per-share estimates for AMAT, lifting his 2002 estimate to 37 cents from 34 cents, and increasing 2003 to $1.00 from 85 cents.