Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.87

+4.6%

Jan 2 9:30 AM EST

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To: akidron who wrote (10311)	11/3/1997 4:09:00 PM
From: Big Bucks	Read Replies (2) of 70976

Akidron, The EC will fund the growth/development of fabs/chips by European companies. I found it interesting that they are also aggressively going to design/develop 300mm semi-equipment, another competitor to AMAT. That could be a formidable competitor to AMAT especially if there is a combined effort by the EC member countries to insure success with additional subsidies and "preferential" purchases from this consortium. It would be in AMATs' best interest to build equipment manufacturing sites in Europe (such as Germany/England) like they are doing in Taiwan. From a competive/economic standpoint this prevents getting "shut out" if the door closes to "foreign" equipment purchases. BB

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