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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (30472)5/16/2006 5:55:13 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 95500
 
Not only does AMAT expect stronger order input in 2006, they expect the same scenario in 2007.

<<Applied Materials forecasts stronger-than-expected growth

By Matt Andrejczak
Last Update: 5:16 PM ET May 16, 2006

SAN FRANCISCO (MarketWatch) -- Applied Materials Inc. (AMAT)

AMAT, the world's largest chip-equipment maker, late Tuesday forecast quarterly financial targets that exceed current Wall Street expectations. It also said electronics makers will invest more on machines in 2007 as new factories that make consumer electronic goods start up production. In a conference call, Applied Materials Chief Financial Officer Nancy Handel pegged sales in the range of $2.36 billion to $2.475 billion and earnings per share between 28 cents and 30 cents. That compares with the consensus estimate of analysts polled by Thomson First Call, who estimate Applied Materials will chalk up sales of $2.33 billion and earnings of 27 cents a share.>>

<<4:59pm 05/16/06 Applied Materials estimates 2007 cap spending to rise 10% - MarketWatch.com>>