Applied Materials, Inc. (AMAT)

gcaderas (< 20) Submitted: 3/24/07 10:07 AM : Start Price: $17.99 AMAT Score: -5.72

After a drop in 2005, 2006 was a good year.
Net income grew 25%.
Long term dept reduced almost 100%.
Cash flow from operating activities is up more than 50%.
Dividend increased to 6 Cents.
Use lots of cash to by shares back?
------------------------------------------------------------------
New deleopment center in Xi'an:

n the 22 years since establishing itself as the first semiconductor equipment company in China, Applied Materials has opened seven offices located in Beijing, Kunshan, Shanghai, Suzhou, Tianjin, Wuxi and Xi'an and employs more than 500 people. The company provides sales and services for both domestic and international chip manufacturers at these locations. In Xi'an the company will perform product development, system localization, engineering and software support and sourcing throughout Asia-Pacific. The Center will also serve as a customer demonstration facility for 200mm wafer processing and Applied Materials' most advanced metrology and inspection products.

http://biz.yahoo.com/bw/070322/20070322006112.html?.v=1
-----------------------------------------------------------------------------
Are entering the solar panel market:

To be sure, selling equipment to the semiconductor industry will remain the bulk of its business, but as the company's CEO, Mike Splinter, said during a conference call this week, solar panels are expected to produce more than 100 gigawatts of new energy between now and 2017. Put another way, this implies that approximately $125 billion in new solar equipment -- the kind Applied Materials specializes in manufacturing -- will be needed to produce the number of photovoltaic cells necessary to produce that much energy.

from:
http://www.fool.com/investing/general/2007/03/16/applied-materials-serves-itself.aspx

also see:
http://www.cleanedge.com/reports/Trends2007.pdf

Report this Post Replies: 1 | Reply | Permalink