AMAT just lowered guidence by a mile

Discussion in 'Trading' started by Warrior4g, Nov 14, 2007.

  1. AMAT Applied Materials Guides below consensus on conf call -Update-

    Guides EPS as $0.16-$0.20 vs $0.27 consensus revs down 13-18% sequentially (comes to about $2.01-$2.09 bln vs $2.33 bln consensus)

    tech may get pounded tomorrow. NTAP raised but AMAT is a much more important tech company.
  2. gobar


    dow is moving higher and hihger after hrs...

    it was down like 92 pts @ 4.05 PM then it went down to 83 pts and now its down 76 pts...

    AMAT is down so all semis will be down tomorrow...