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

To: Doc Bones who wrote (7505)	10/13/2003 8:03:14 AM
From: Proud_Infidel	Respond to of 25522

7:56AM Applied Materials estimate raised above consensus (AMAT) 20.75: Piper Jaffray raises their FY04 EPS est to $0.50 from $0.45 (above consensus of $0.46) based on their belief that the co's rev plan for 1H04 has solidified and that product improvement design efforts should provide an incremental boost to gross margins; firm believes that orders looming in 1H04 from Samsung, TSM, Renasas, Elpida, and Matsushita could provide incremental rev strength by mid-2004.

To: Doc Bones who wrote (7505)	10/13/2003 9:59:56 AM
From: Kirk ©	Respond to of 25522

The new business trend is to fire your American programmers after they train their replacements, H1-Bs working for an Indian company, who will act as liaisons to the main programming force based in India itself. Dun & Bradstreet, Hewitt, and others are going down this path. It is likely to become a stampede once the H1-B increase is passed, particularly if this trend wins the expected approval on Wall Street, pumping up the all-important stock price. I think this is happening to chip and PCB designers too. I know for a fact it started in the 1990's as I used to do chip design. We used to train new college hires to do analog IC design which takes maybe 5 or 10 years under an experienced engineer mentor. It changed they'd bring over folks on H1B for 6 months of training then they would go back and be "leaders." Of course, the work was not as good to start out, but eventually they will get a core of 20 year experienced analog chip designers to teach the new folks overseas. To track it, you might do searches on "design centers" that are opening in Asia. 3Com to establish design center in Taiwan chinapost.com.tw Motorola's semi separation stings Singapore center eetimes.com Singapore pays companies to move R&D jobs there by "forgiving taxes." This is one reason I think the US will have to lower corporate taxes and raise taxes on workers if we really want to compete. STMicro earmarks $17M for Singapore design center eetimes.com