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

To: Proud_Infidel who wrote (14340)	4/14/2005 8:53:30 PM
From: Sam Citron	Respond to of 25522

this impacts AMAT how? It doesn't. Both are fish (big fish) caught in angry waves. The current was not with us today, my friend. The S&P 500 was down 1%, Semis down 1.53% biz.yahoo.com AMAT was off 1.23%. finance.yahoo.com Why are semis and semiequips down lately? Because of fear that the global economy is cooling. Still growing, just not as fast as previously. The two factors that are responsible for the slowing are US consumers, who are finally showing signs of cutting back on purchases of big ticket items, e.g. Harleys, and Chinese technocrats who are attempting to throttle back on China's torrid recent rate of economic growth. So the only gainers today were defensive sectors like food, beverages and drugs. Three or four industries up against 100 or more decliners. Same was true globally: Sweden, Switzerland, Egypt and Israel up. The rest of the world down. finance.yahoo.com The market is VERY defensive and is fleeing risk or volatility at the moment. The good news is that a slowing economy will lower energy costs, which will leave more money in the pockets of consumers to spend on other things like shiny tech toys. That's my take anyay, Sam

To: Proud_Infidel who wrote (14340)	4/14/2005 10:14:25 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 25522

>> so this impacts AMAT how???? Well, I inferred from what Carl Johnson told us, that apparently some executives from tech companies such as Dell and IBM have made predictions to analysts about revenue growth being in the high teens % range. Why they did that is beyond my understanding. But it seems that the Dell guy had to apologize that the PC industry growth did not rise up to his excessive prior prediction. And now the IBM guy had to apologize for his company's revenue growth rate falling short of his prediction. This failure to meet excessive expectations is being extrapolated to companies that have not reported yet. No point in waiting for their guys' apology. Just sell now and apologize later.