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

To: Jong Hyun Yoo who wrote (6665)	8/6/2003 8:53:17 PM
From: Big Bucks	Read Replies (1) \| Respond to of 25522

Jong....exactly right! Once you lose a certain "critical mass" it is hard to maintain or increase output....I think the analysts will soon make the same observations that we are making now. Too many shares of stock, limited upside growth...the industry is mature and exponential growth has stopped, IMO. BB

To: Jong Hyun Yoo who wrote (6665)	8/7/2003 9:40:11 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Found this on Yahoo....FWIW: 08:55 ET AMAT target raised to $21 at Morgan Stanley : Morgan Stanley also comments on co's Aug 12 earnings report; firm believes that co's flat Q3 guidance is achievable, but believes expectations limit upside tied to the earnings report.

To: Jong Hyun Yoo who wrote (6665)	8/7/2003 4:13:55 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

IC inventories reach 20-year low, says report Semiconductor Business News 08/07/2003, 3:35 PM ET NEW YORK -- Chip inventories fell to their lowest levels in 20 years for the second quarter of 2003, although there are signs of a possible build up for the third period, according to a new report from SG Cowen Securities Corp. today (Aug. 7, 2003). The New York-based investment banking firm said that chip inventories fell from 8.9 percent in Q1, to 8.4 percent in Q2. That figure only includes the OEMs it tracks, according to the report. But the 8.4 percent figure is a 20-year low for the semiconductor industry, according to SG Cowen. The 20-year trend for chip inventories is about 11.5 percent, according to the report. "Commentary out of the channel continues to suggest that inventory balances are not sustainable at current levels and are likely to increase at the first signs of stronger end markets or stretching lead times," according to the report. SG Cowen is not changing its growth forecast for the IC industry in 2003, which ranges from 10 percent to 14 percent.