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

To: zalesky who wrote (22892)	8/12/1998 3:09:00 AM
From: Fortinwit	Read Replies (2) \| Respond to of 70976

From briefing.com (tech stocks): Applied Materials (AMAT) posted Q3 earnings of $0.19, 3 cents above diminished expectations... But revenues fell sharply, new orders dropped by nearly 50% and gross margin tumbled almost 3%... Company also noted that it can't predict when Asian crisis will lift... In other words this was a bad report... Expect future estimates to start coming down, pulling stock along for the ride... Support in the 28-26 range. F.