Applied & Lam will be talking over the next 2 days, investors should/will focus on future growth, AMAT after display uptick & LRCX post the KLAM fail. It's no secret that most of the upside surprise in Applied's recent reports were due to unusually large display orders from an industry even more cyclical than the semi industry- The question is how long will display last and what replaces display when it inevitably slows down? KLAC would have been a shot in the arm for Lam and gotten them close to parity with Applied. With the spector of outsize growth due to multipatterning slowing when EUV kicks in and increased competition and slowing share gains in core etch market what does Lam do for growth going forward? Applied reports Thursday 11/17 Estimates for the October quarter call for $0.66 EPS on revenues of $3.308B, which is essentially in line with company guidance. Given typical "beat" mentality, investors are likely looking for an EPS number starting with a 7.