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

To: Gottfried who wrote (5729)	2/26/2003 1:04:00 AM
From: advocatedevil	Respond to of 25522

"Applied Materials CFO Says Global Worries Still Strong" Tuesday February 25, 1:23 pm ET By Mark Boslet, Of DOW JONES NEWSWIRES LA QUINTA, Calif. (Dow Jones)--Worldwide political uncertainties continue to be a depressant on business activity and buying, Applied Materials Inc. (NasdaqNM:AMAT - News) Chief Financial Officer Joe Bronson said. Speaking at a Goldman Sachs technology symposium, Bronson said "you still have this overhand of malaise" keeping businesses from new investment decisions. He said he hasn't seen a significant change in the environment from Applied first fiscal quarter. But he argued that Applied Material's profitability will reach the same strong levels the company achieved during the peak of the industry's last up cycle. The company believes it can reach these same levels when the next up swing comes, he said. When quarterly revenue reaches $2 billion (Applied Material's revenue peaked at $2.3 billion at the height of the last growth cycle) the gross margin can hit 50%, he said. -By Mark Boslet, Dow Jones Newswires; 650-496-1366; mark.boslet@dowjones.com biz.yahoo.com AdvocateDevil

To: Gottfried who wrote (5729)	2/26/2003 1:06:28 AM
From: Jacob Snyder	Read Replies (2) \| Respond to of 25522

nice chart, thanks. It looks like consumer confidence lags economic recoveries, which in turn happen after stocks start going up. So, even if consumer confidence stays at today's level for a couple of years (as in previous recessions), stocks could still go up. Unless, of course, it's different this time.

To: Gottfried who wrote (5729)	2/26/2003 9:17:56 AM
From: Sun Tzu	Respond to of 25522

Thanks. Is there a chart that graphs the "future" component of the sentiment? thanks again, ST

To: Gottfried who wrote (5729)	2/26/2003 4:08:52 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 25522

President Bush Appoints James C. Morgan as Vice Chairman of White House Advisory Panel Wednesday February 26, 4:01 pm ET President's Export Council to Advise Bush Administration on International Trade WASHINGTON--(BUSINESS WIRE)--Feb. 26, 2003--Applied Materials, Inc., the largest supplier of equipment and services to the worldwide semiconductor industry, today announced that James C. Morgan, chairman and chief executive officer, has been appointed Vice Chairman of the President's Export Council (PEC), by President Bush. The PEC is the premier national advisory body on international trade. Mr. Morgan and other council members were sworn in during a White House ceremony and held their inaugural meeting with President George W. Bush today. "It is an honor to be named to such a prestigious council," said Mr. Morgan. "As a major exporter, Applied Materials knows the value of trade to the global high-tech economy. Promoting exports while creating jobs is a critical priority for restoring America's economic momentum." The PEC advises the president of government policies and programs that affect U.S. trade performance. In addition, the PEC promotes export expansion and provides a forum for discussing and resolving trade-related problems among the business, industrial, agricultural, labor and government sectors. "I know Jim Morgan will have a positive impact in his advisory role to the president," said Secretary of Commerce Donald L. Evans. "Twelve million American jobs depend on exports of goods and services. The president's economic growth plan has set the course for a stronger economy that underscores the importance of trade to America's economic growth and prosperity." In addition to 28 business leaders, five United States Senators and five members of the House of Representatives, the Secretaries of Commerce, Agriculture, Energy, Labor, State and Treasury, the U.S. Trade Representative and other key appointees comprise the committee, which meets at least twice each year. Applied Materials (Nasdaq:AMAT - News), the largest supplier of products and services to the global semiconductor industry, is one of the world's leading information infrastructure providers. Applied Materials enables Information for Everyone(TM) by helping semiconductor manufacturers produce more powerful, portable and affordable chips. Applied Materials' Web site is www.appliedmaterials.com.