Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gottfried who wrote (7165)	9/16/2003 8:05:19 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Indeed.....not much outperforming it:-) finance.yahoo.com

To: Gottfried who wrote (7165)	9/16/2003 8:36:34 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

One reason why I hope the expensing of options goes through......this nonsense will be cut down: KLA-Tencor Corp. FY2003 EPS 24 Cents With Options Expense Tuesday September 16, 7:37 am ET WASHINGTON -(Dow Jones)- KLA-Tencor Corp. (NasdaqNM:KLAC - News) said Tuesday that its fiscal 2003 earnings per share would have been reduced to 24 cents had the company used a fair value method for accounting for stock options paid to its employees. The company previously had reported fiscal 2003 earnings of 70 cents a share. In its financial report for the year ended June 30, filed Tuesday with the Securities and Exchange Commission (News - Websites), KLA-Tencor said its year-end net income would have been reduced to $46.31 million from $137.19 million if it had expensed the stock options. Earlier this year, the Financial Accounting Standards Board (News - Websites) voted to require companies to treat employee stock options as an expense. However, FASB made the decision as an interim step toward full guidelines and left many details to be worked out in a formal proposal expected later this year. Shares of KLA-Tencor closed Monday trading at $55.50 each. KLA-Tencor, based in San Jose, Calif., provides yield management and process control services for semiconductor and related industries.

To: Gottfried who wrote (7165)	9/16/2003 10:33:57 AM
From: Proud_Infidel	Read Replies (2) \| Respond to of 25522

Another pearl of wisdom from Cramer....LOL! He is Bullish on INTC, but Bearish on AMAT, when the two have as strong a correlation as is possible....if you can make any sense of this person, please let me know: finance.yahoo.com Upgrading Applied Materials Does Make Sense Tuesday September 16, 10:20 am ET By James J. Cramer, When you are in the belly of the upgrade beast, you find some surprisingly positive morsels. Take Monday's upgrade of Applied Materials (NasdaqNM:AMAT - News) by Merrill Lynch. On the surface, this one seems like another mindless upgrade in an expensive group; in fact, the group has become this cycle's poster boy for absurd valuations. After all, in fiscal 2003 (which ends in October), Applied Materials will be lucky to earn 13 cents. By any stretch of the imagination, this stock shouldn't be north of $10. When I discuss semiconductor equipment stocks with friends, including well-known bearish hedge funds, they look at AMAT and think, oh please, please don't make me buy it, this stock's outrageously expensive.