Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 267.42

-0.3%

3:09 PM EST

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To: 16yearcycle who wrote (25502)	10/20/1998 3:31:00 PM
From: Math Junkie	of 70976

KLAC management tends toward the secretive side (e.g., conference calls not accessible to the public) but I don't think there is anything seriously wrong with the company, and it certainly has a dominant position with regard to the technology of inspection, metrology, etc. As was pointed out in a Motley Fools article, they have eschewed large-scale layoffs, since they know how costly it is to get new people up to speed once the upswing starts. This may make Wall Street nervous. For example, a couple of days ago, Briefing.com opined that there would be future layoffs at the company, but personally I doubt it unless business deteriorates substantially from here.

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