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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Taby who wrote (17224)	3/5/1998 10:49:00 PM
From: jtechkid	Respond to of 70976

intc warned a while ago -jan13,vlsi .txu-business is getting worse as we speak-these guys are not good forecasters.

To: Taby who wrote (17224)	3/5/1998 10:54:00 PM
From: akidron	Respond to of 70976

yes they warned that revenues would be flat this year, or slightly down, but they did not change the direction they gave in the cc about the next two Q's... or in fact earning for the full year in the range of 1.40 - 1.60... I'm talking about a figure very much lower than that, a downward revision that basically says that the situation has deteriorated since the cc, and that orders from Japan are falling fast... this by the way is not particularly what i hope for... because i realize it will hurt some... but it is what I have expected and posted since the cc...