Applied Materials Up on Lehman's Positive Comments

Applied Materials

(AMAT) - Get Report

was up 4.6% in active early trading after

Lehman Brothers

said it expects the semiconductor products company to report fourth-quarter earnings of 77 cents per share, 1 cent above the Street's consensus. Lehman said that speculation that Applied Materials would provide pessimistic guidance in its Nov. 15 conference call is premature.