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

To: Donald Wennerstrom who wrote (11724)	10/14/2004 6:50:33 PM
From: Proud_Infidel	Respond to of 25522

I don't pretend to know what is going on.:) If you did, you could earn a seven digit salary;-)

To: Donald Wennerstrom who wrote (11724)	10/15/2004 8:20:24 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Samsung growth slows sequentially, say reports By Peter Clarke Silicon Strategies 10/15/2004, 7:45 AM ET SEOUL, South Korea — Samsung Electronics Co. Ltd. made a quarterly profit up 46 percent from a year ago but down sequentially, according to reports Friday (Oct. 15). Thee company made a net profit of 2.69 trillion won ($2.35 billion) for the third quarter to September, compared with 1.84 trillion won a year earlier and 3.13 trillion won in the second quarter. Sales rose 27 percent to 14.34 trillion won (about $11.1 billion), the reports said. Falling prices on liquid crystal displays (LCDs) for flat-screen TVs and of flash memory chips commonly used in digital cameras are putting pressure on Samsung as more and more product categories move into oversupply. Samsung, the world's top memory chip maker, said it expected global PC shipments to increase 14 percent in the fourth quarter from the third, continuing a rebound that boosted demand for its DRAM chips in the past three months, according to a Reuters report.

To: Donald Wennerstrom who wrote (11724)	10/20/2004 6:35:23 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

UPDATE 1-STMicro posts quarterly profit; cuts capex plans Wed Oct 20, 2004 06:24 PM ET (Adds capital spending cuts; lower revenue outlook) NEW YORK, Oct 20 (Reuters) - Europe's top chipmaker, STMicroelectronics (STM.PA: Quote, Profile, Research) , on Wednesday posted a solid third-quarter net profit, but warned of weak fourth-quarter revenue as it slashed its capital spending plans into 2005. The Franco-Italian company, one of the world's top ten semiconductor makers, said a build-up of unsold inventory in the industry, along with mounting product pricing pressures, would mean "modest" growth for STMicro in the fourth quarter. To conserve capital, the company said it was cutting spending on new plants and equipment by 10 percent during the remainder of 2004 to $2 billion and by another 25 percent to $1.5 billion during the fully 2005 year. "Acknowledging the uncertainty of near-term market trends, we are currently budgeting approximately $1.5 billion of capital spending," Pasquale Pistorio, the soon-to-retire chief executive of STMicro, said in a statement. "We believe that ST's revenues for the 2004 fourth quarter will range from flat to 5 percent above third-quarter 2004 levels, which is below our earlier expectations and historical seasonal trends," Pistorio said. Net income for the third quarter was $189 million, or 20 cents per share, compared with a year-earlier loss of $49.1 million, or 6 cents per share, after big charges for the restructuring of European and U.S. operations. Analysts' average estimate was 17 cents per share in the latest quarter, according to a survey of 12 analysts by Reuters Estimates. © Reuters 2004. All Rights Reserved.