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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Barry Grossman who wrote (59708)	7/10/1998 5:33:00 PM
From: VICTORIA GATE, MD	Read Replies (1) \| Respond to of 186894

Barry Grossman AFTER THE CLOSE****** Applied Materials Inc. (AMAT) 29 1/2 +1/2: semiconductor wafer fabrication equipment manufacturer is warning that it expects fiscal Q3 net of $0.15 to $0.18 a share, below the First Call estimate of $0.21 a share, on sales of $850 mln to $885 mln; cites DRAM overcapacity, lower prices and delayed orders from Asia for earnings shortfall; also expects new orders in Q3 and Q4 to be significantly below its Q2 level; 16:57 [AMAT] APPLIED MATERIALS SEES Q3, Q4 1998 NEW ORDERS LOWER THAN Q2 $1.03 BLN. 16:57 [AMAT] APPLIED MATERIALS CITES DRAM OVERCAPACITY, LOWER PC PRICING. 16:57 [AMAT] APPLIED MATERIALS CITES DELAYED ORDERS, SPENDING CUTS IN ASIA.