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


To: Gottfried who wrote (11015)7/27/2004 9:28:11 PM
From: Proud_Infidel  Respond to of 25522
 
G, Thx for the link. Brian<eom>



To: Gottfried who wrote (11015)7/28/2004 8:15:37 AM
From: Proud_Infidel  Respond to of 25522
 
Thx for the head-up guys! Downgrade AFTER a 30%+ fall....LOL

6:09am 07/28/04

Applied Materials cut to neutral at JP Morgan (AMAT) By Emily Church
LONDON (CBS.MW) -- J.P. Morgan Securities downgraded its rating on semiconductor equipment maker Applied Materials to neutral from overweight, citing its more conservative forecast on the industry cycle. The broker cut its revenue and 2005 earnings per share estimate on the stock, to $1.23 from $1.25. Shares were marked lower in Europe in thin volume, dealers in London said. They weren't active on Instinet. The stock closed down 2 cents at $16.18.

cbs.marketwatch.com;



To: Gottfried who wrote (11015)7/28/2004 2:32:16 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 25522
 
Growth Rates Patchy in June, Early July
Wednesday July 28, 2:24 pm ET

WASHINGTON (Reuters) - The American economy moved ahead in June and the first part of July but the pace of growth varied by geography, the Federal Reserve said on Wednesday in its "beige book" economic report.
"Federal Reserve districts reported that economic activity continued to expand in June and early July, although several districts reported that the rate of growth moderated," said the report, an anecdotal look at conditions across the nation, as seen by the Fed's dozen regional banks.

Growth was described as ranging from "modest" to "solid" in half of the regions, while five Fed banks said growth rates had "slowed somewhat." Another Fed bank, in Boston, cited "mixed" reports from its business contacts.