AI
Wednesday, November 13, 2002 5:11:26 PM
AMAT should be up another 5 points or so this week if it reacts anything like KLAC did to their warning 
On the other hand, maybe it's time for the SOX to take it's rightful place in history...
17:00 ET Applied Materials guides fiscal Q1 (Jan) below consensus (AMAT) 14.70 -0.37: -- Update -- On conference call, says it expects Q1 (Jan) revenues to be below Q4 levels by at least 20%, which equates to revenue of approx. $1.16 bln; current Multex consensus is $1.39 bln... says it expects to incur a small loss in fiscal Q1, which includes charge for headcount reduction; current consensus is profit of $0.07... separately, expects Q1orders to be roughly 20% below Q4 levels... AMAT -0.60 at 14.10..
On the other hand, maybe it's time for the SOX to take it's rightful place in history...
17:00 ET Applied Materials guides fiscal Q1 (Jan) below consensus (AMAT) 14.70 -0.37: -- Update -- On conference call, says it expects Q1 (Jan) revenues to be below Q4 levels by at least 20%, which equates to revenue of approx. $1.16 bln; current Multex consensus is $1.39 bln... says it expects to incur a small loss in fiscal Q1, which includes charge for headcount reduction; current consensus is profit of $0.07... separately, expects Q1orders to be roughly 20% below Q4 levels... AMAT -0.60 at 14.10..
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