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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant? -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (3605)7/8/1998 8:37:00 PM
From: Snowshoe  Respond to of 4697
 
Zeev - details on AMAT's cut...

Applied Materials Inc. (AMAT) 30 3/8 -1: BT Alex. Brown lowers estimates for maker of semiconductor wafer fabrication equipment; cuts 1998 EPS from $1.36 to $1.16 a share and 1999 EPS from $1.54 to $0.97 a share..... (from Briefing)

Greg




To: Zeev Hed who wrote (3605)7/10/1998 5:49:00 PM
From: Judy  Read Replies (2) | Respond to of 4697
 
Zeev, AMAT trading at 27ish after they pre-warned. The market will take a few days to digest the announcement that everyone expected. The stock gyrations should no worse than what would happen for options expiry during earnings season anyway.