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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (1240)	5/14/2014 11:40:40 AM
From: Fintas	Respond to of 26685

Are you sure those cities are in the USA? SMILE OK where's JAY LENO and the spirit of STEVE ALLEN when I need them. Cuse me Mr man on the street. Can you tell me where these places are without a map. "Marcellus shale and his business has beeen booming for several years Ditto Diamondville Wyoming." Yes Bob those areas are seeing growth but hardly an industrial revolution. As one would say. Just pimples on the arse of the map of the USA. GIGGLE Ok have a good one Fintas

To: robert b furman who wrote (1240)	5/16/2014 10:15:19 AM
From: Kirk ©	1 Recommendation Recommended By Blasher Read Replies (1) \| Respond to of 26685

AMAT back over $20 on good earnings. I wonder if a huge opportunity to buy well under $20 is gone forever or if those waiting in cash will get another shot at low teens where I was a buyer when the yield was nearly 4%? Applied Materials Announces Second Quarter Results Orders of $2.63 billion, up 16 percent year over year. Net sales of $2.35 billion, up 19 percent year over year led by growth in the Silicon Systems Group. Non-GAAP adjusted operating income of $482 million, up 69 percent year over year. GAAP operating income of $387 million. Non-GAAP adjusted diluted EPS of $0.28, up 75 percent year over year. GAAP diluted EPS of $0.21. SANTA CLARA, Calif., May 15, 2014 - Applied Materials, Inc. (AMAT), the global leader in precision materials engineering solutions for the semiconductor, display and solar industries, today reported results for its second quarter of fiscal 2014 ended April 27, 2014. Applied generated orders of $2.63 billion, up 15 percent from the prior quarter led by increases in Display and Silicon Systems. Net sales of $2.35 billion were up 7 percent sequentially led by growth in Silicon Systems. Non-GAAP adjusted gross margin increased 170 basis points from the prior quarter to 44.2 percent. Non-GAAP adjusted operating income grew 27 percent sequentially to $482 million or 20.5 percent of net sales. Non-GAAP adjusted net income grew 25 percent sequentially to $348 million or $0.28 per diluted share. The company recorded GAAP gross margin of 42.5 percent, operating income of $387 million or 16.4 percent of net sales, and net income of $262 million or $0.21 per diluted share. "Applied gained 1.4 points of wafer fab equipment market share in 2013 as we enabled major technology inflections for our customers with our unique capabilities in precision materials engineering," said Gary Dickerson, president and CEO. "We are also delivering significant improvements in our financial performance and have expanded our operating margins to their highest level in nearly three years." ..... Business Outlook For the third quarter of fiscal 2014, Applied expects net sales to be in the range of flat to down 5 percent from the previous quarter and up by approximately 13 percent to 19 percent from the year-ago period. Non-GAAP adjusted diluted EPS is expected to be in the range of $0.25 to $0.29 and up by approximately 39 percent to 61 percent year over year. This outlook excludes known charges related to completed acquisitions and integration costs of $0.03 per share. The outlook does not exclude other non-GAAP adjustments that may arise subsequent to this release.