Replies to post #45110 on Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

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..

[Public Heel]

I don't know who's buying AMAT at these prices, but they must be out of their minds. CC just forecast 20% (!!!) revenue drop in coming quarter...

[cannabbis]

Hooray!!!Thnx.