Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

To: Jenna who started this subject	11/9/2000 9:01:51 AM
From: Teri Garner	Read Replies (1) of 120521

09:00 ET Applied Materials (AMAT) 43 7/16: Banc of America lowering its FY01 earnings estimate to $2.90 from $3.45 (-16%) and cuts price target to $60 from $93. Firm expects AMAT to make its number when earnings are reported next week. However, believes the outlook on bookings is murky and will lead to cautious F1Q'01 guidance on bookings.... AMAT falls to $40 1/4 in pre-market. Call also impacting NVLS -1, KLAC -1.

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