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

To: FJB who wrote (22643)	2/12/2008 9:04:29 PM
From: Proud_Infidel	Respond to of 25522

Applied CFO sees 2nd-qtr EPS of 18 to 22 cents Tue Feb 12, 2008 5:02pm EST SAN FRANCISCO, Feb 12 (Reuters) - Applied Materials Inc (AMAT.O: Quote, Profile, Research), the top producer of chipmaking equipment, expects a per-share profit in its current quarter of 18 cents to 22 cents, its chief financial officer said on Tuesday. CFO George Davis also said on a conference call to discuss quarterly results that he expects revenue in the fiscal second quarter to be flat to up 5 percent from the first quarter. Analysts had expected a second-quarter profit of 22 cents per share, on average, on revenue of $2.07 billion, according to Reuters Estimates. Shares of Applied rose 4.5 percent to $18.89 in extended trade. In regular trade, the stock fell 36 cents, or 2 percent, to close at $18.07. (Reporting by Duncan Martell; Editing by Braden Reddall)

To: FJB who wrote (22643)	2/12/2008 9:26:40 PM
From: Gottfried	Read Replies (1) \| Respond to of 25522

Marketwatch says they didn't meet marketwatch.com WSJ also says they missed online.wsj.com

To: FJB who wrote (22643)	2/12/2008 11:25:40 PM
From: etchmeister	Read Replies (1) \| Respond to of 25522

All the financial news sources are saying AMAT topped estimates, but LaPedus is saying they didn't beat them. If you look back several years ago Wallstreet would call the peak 6 to 9 months ahead - nobody really cared about billings - calling the peak 6 to 12 months ahead was the way how it used to work. But suddenly it's all about earnings and billings though both are very much backwards looking. It seems (as usual) the market goes from one extreme to the other extreme. Actually it's not a bad thing to look at billings rather at bookings but because billings trail bookings one needs to be more patient.mn