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

To: matt dillabough who wrote (14697)	4/29/2005 8:22:40 PM
From: etchmeister	Read Replies (1) \| Respond to of 25522

Hi Matt Do you have any "color" on AEIS? as a key supplier for LRCX, NVLS and I believe also AMAT the EPS have been raised; a 3 months chart comparing AEIS vs its customers (NVLS, LRCX, AMAT) shows a 40% gain and it looks good on an asolute base as well. finance.yahoo.com finance.yahoo.com Firm concludes that 2005 capex plans will aggravate current capacity/demand imbalances in the semiconductor industry. Catch 22: in case bookings increase it will impact negatively the demand/supply side and consequently will trigger the next leg down and in case bookings go down anyway we (the financial community) were correct in the first place. VLSI is reporting U-rates to increase to 85% (up from 82% Feb and 79% Jan)

To: matt dillabough who wrote (14697)	5/2/2005 8:52:30 AM
From: Proud_Infidel	Respond to of 25522

To: sixty2nds who wrote (23114) 5/2/2005 8:34:52 AM From: sixty2nds of 23115 08:31 Prudential updates semiconductor 2005 capital spending Prudential notes, bottoms up model shows flat spending in semi equipment for 2005, which is slightly higher than its previous survey which indicated 1% YoY decline. The primary upside is due to increase in capex by Intel. The firm's survey indicates 30% of the projected capital spending budget has been spent through Q1 2005. The heavy spenders in Q1 were Samsung (46%), TSMC (67%), and Infineon (75%). In terms of spending by application, memory contributed 48%, followed by IDM at 32% and foundry at 22%. Firm believes the gap between equipment orders, backlog, and capital spending is growing. Firm does not think the current order activity and backlog can sustain flat capex. Based on its assessment of the current order activity, Firm projects the high risk projects to the capital spending. Firm believes that if these high risk projects are delayed, capex cuts could lead to a 13% decline in YoY spending.