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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (2356)8/13/2002 7:36:13 PM
From: Proud_Infidel  Respond to of 25522
 
Should the statement about caution be a surprise to anyone?

4:39PM Applied Materials more cautious (AMAT) 13.46 -0.12: -- Update -- On conference call, company sounds a more cautious note - says customers have taken a more conservative stance in the three weeks since Semicon West due to uncertainties about the global economy and weakness in end user demand. Stock at 13.39 after hours.

5:23PM Applied Materials to certify financial statements (AMAT) 13.46 -0.12: -- Update -- Says it will be certifying financial statements by required due date... separately, would note that guidance for sequential decline in orders of 5-15% is a bit better than analyst expectations, which fall in range of 10-20% decline... AMAT -0.51 at 12.95