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

To: Cary Salsberg who wrote (17367)	1/23/2006 12:36:04 PM
From: Proud_Infidel	Respond to of 25522

Applied Materials Seen With Strong Earnings Growth Peter Kang, 01.23.06, 12:08 PM ET Lehman Brothers raised the target price on shares of Applied Materials (nasdaq: AMAT - news - people ) to $25 from $20, saying the semiconductor equipment maker is positioned for sustainable earnings expansion. "We expect Applied Materials to see strong sustainable earnings growth driven by selected market share gains in the equipment and flat panel businesses, robust growth in the service business and further reduction in manufacturing cycle times," wrote analyst Edward White in a client note. "In fiscal 2006, we expect Applied to post 19% revenue growth led by strong growth in foundry spending, where Applied has a high market share." The analyst expects the company to report favorable first-quarter results on Feb. 15 with the potential to report upside quarterly bookings. White said upbeat results and guidance from front-end equipment makers suggest that most front-end companies are likely to report as much as 20% to 25% sequential bookings growth for the December-January quarter, which is well above their 10%-plus sequential bookings guidance. If Applied reported a 10% sequential increase in bookings for the January quarter, according to White, its bookings would be up 27% from July 2005 similar to the 28% increase for Lam Research (nasdaq: LRCX - news - people ) from June 2005 levels.

To: Cary Salsberg who wrote (17367)	1/23/2006 1:04:01 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 25522

Cary, Re: NO! There have been NO shortages of any consequence. There have been shortages, from Intel not having enough fabs to produce chips to various other sectors falling short at times too. Brian

To: Cary Salsberg who wrote (17367)	1/23/2006 1:21:58 PM
From: Return to Sender	Read Replies (1) \| Respond to of 25522

>The "top" has gone the way of the dinosaur.< Cary, do you have any idea how wrong making blanket statements are? There will always be tops and bottoms in the market even if they do not reflect what is happening in a particular industry like semiconductors. Do you watch the yield curve? stockcharts.com The yield curve will probably fully invert if the FED raises rates a couple more times. The economy will most likely tank if short term rates are higher than longer term ones. The market could end up selling off in advance of a probable recession. It won't take bird flu or any act of terrorism just overkill by the FED to tank the market. There is a cyclicality to the market based on presidential cycles: bigpicture.typepad.com The chart suggests that a cyclicality is at play in direct contradiction to the random walk thesis. Given the upward bias of markets over time, regular corrections may be inevitable. What is truly astonishing is the very human tendency to downplay or even ignore these periodic dislocations. bigpicture.typepad.com You know what killed the dinosaurs? An inability to adapt to change. While semiconductors themselves will remain a growth market, indefinitely even, there is no gauarantee that the market will value stocks in this industry as highly as they have done in the past. And there will always be tops and bottoms in the stock market. RtS