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

To: MileHigh who wrote (18284)	3/29/1998 10:38:00 PM
From: jtechkid	Read Replies (1) \| Respond to of 70976

tower semiconductor (tsemf) pre announces bad eps on friday for the first two quarters. as i have stated tower -which is a fab company-which means they produce chips for major customers in the semi business--mot-nsm- said because of weak demand they will produce a loss for the first two quarters -which is their first loss ever-company made money during the 1996 downturn. the writing is on the wall -could be worse than 1996. the key with amat is it will be IMO Interesting if they pre announce they will miss the street or will they backdoor it like last quarter when during eps they said by the way we will miss next quarter by 15 -18 cents-which is a pre announcement. i think its interesting soundview cut numbers because maybe amat is trying leak the word out to the street nicely that eps are way out of whack. my main point is that no way amat makes their numbers. i or nobody can predict what the stock price does. but, fundamental investing usually says when eps come down dramatically the stocks follow and vice versa. soundview has 1.08. my new numbers are as following-first quarter-52cents, second quarter-35cents-third quarter 11 cents -fourth quarter -14 cents. , soundview has 1.08- meaning that either they think the 35 cents this quarter is questionable-ie pushout orders-or third and fourth quarter between both of them will do around only 20 cents. well i don't think wall street or people on this thread think eps this year will be a lot higher. just giving my imo-people think i'm upset that i missed a rally-checkmy posts-starting shorting amat at 38- mu,klic,klac,intc,good old broderbund software .whick i was pounding the table short-has been a disater- only thing i'm really long are small micro -caps -and i own tower semiconductor because it has a 12 book-6 in cash-1xsales- but i was shocked these guys lost money-which definately tells me demand is weaker than i anticipated. imo. still looking for a crash- allso as i have stated the worst the downturn in the cycle the better for amat and the stronger the upcycle. the key is how will wall street react ,imo, when amt eps come down dramatically. thats the question?imo