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

To: MrGreenJeans who wrote (4616)	12/26/2002 10:02:44 AM
From: Sarmad Y. Hermiz	Respond to of 25522

>> At least tell the other part of the story which is 10% of all retail sales during the holiday season are made the week after Christmas. << An item from the other side. Of course the bearish view will be that people are too busy working to go shopping. ----------------------- Jobless Claims Drop by 60,000 Last Week 1 hour, 19 minutes ago By JEANNINE AVERSA, Associated Press Writer WASHINGTON - New claims for unemployment benefits plunged last week by the largest amount since the summer of 1993, offering a dose of encouraging news for a job market that has stayed sluggish this year as companies cope with an uneven economic recovery. news.yahoo.com

To: MrGreenJeans who wrote (4616)	12/26/2002 11:08:22 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 25522

MrG, Goldman Sachs weighs in on the semi equipment business for first quarter of 2003. Best regards, Jeff << GS US SEMI EQUIPMENT WEEKLY December 23, 2002 Summary: (1) History seems to be repeating itself but everyone remains skeptical, (2) Early signs of a modest pick-up driven not by increasing end-demand but by technology transitions, (3) We now expect industry- wide orders to increase sequentially in Q1 and Q2 2003 barring a dramatic downtick in DRAM pricing or a big down move in the U.S. economy, and (4) News, Events and Price Performance. History seems to be repeating itself but everyone remains skeptical. The news is a bit better in semi equipment land these days with a number of customers currently increasing or planning to increase orders to the equipment suppliers. We don't want to get too far ahead of ourselves as the increases are surely modest at this point but we are amazed that Wall Street simply refuses to believe that business is even mildly improving for the equipment suppliers...... The key takeaway from our trip to Asia last week is that we now believe orders will be up sequentially in Q1 and Q2 2003 for the equipment suppliers. Historically, even moderate order pickups have driven meaningful stock rallies and we expect that history will repeat itself given the large number of skeptics. In Q1, we expect order improvement to be driven by IBM (300mm at East Fishkill), Intel (300mm at Fab 24), Micron (0.13 micron transition), Japan (budget flush due to March fiscal year-end and some DRAM spending) and possibly Hynix (0.15 micron transition). In Q2, we expect follow through from Samsung (Phase 2 orders for 300mm line 12), TSMC (300mm orders for lines 12 and 14) and Nanya/Infineon (300mm orders for new joint venture DRAM fab)....

To: MrGreenJeans who wrote (4616)	12/26/2002 2:16:31 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 25522

>> At least tell the other part of the story which is 10% of all retail sales during the holiday season are made the week after Christmas. << Apparently the same author decided to address that very point in a follow up article. Maybe she read your post. I guess we're doomed. Give up hope, all who enter here! -------------------------- Post-Christmas Sales Too Late to Help Retailers 2 hours, 6 minutes ago Add Business - Reuters to My Yahoo! By Emily Kaiser CHICAGO (Reuters) - U.S. retailers including the world's biggest, Wal-Mart Stores Inc., have all but given up hope that post-Christmas shopping sprees will kick-start sluggish sales, even as bargain-hunters make their annual pilgrimage to the malls on Thursday.