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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST

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To: mitch-c who wrote (36763)8/14/2000 6:43:50 PM
From: fred woodall  Read Replies (3) of 70976
 
Analysts and the Semiconductors

RESEARCH ALERT - Salomon cuts semi equipment cos
Reuters, Monday, May 17, 1999 at 11:52

NEW YORK, May 17 (Reuters) - Salomon Smith Barney said
Monday it downgraded four semiconductor equipment companies to
outperform from buy.
-- Downgraded companies are Applied Materials Inc.
(NASDAQ:AMAT), KLA-Tencor Corp. (NASDAQ:KLAC), Lam Research Corp.
(NASDAQ:LRCX) and Novellus Systems Inc. (NASDAQ:NVLS).
-- Said sees flattening industry orders at the end of 1999
and early 2000.
-- Applied Materials shares fell 1-1/16 to 59-5/8,
KLA-Tencor fell 1-5/8 to 49-7/8, Lam Research fell 1-5/16 to
29-1/2 and Novellus fell 2-11/32 to 51-11/16.

Copyright 1999, Reuters News Service

Since that time.
LRCX split 3 for 1 on (3 22 00) at $153
AMAT 2 for 1 (3 16 00) at $188
NVLS split 3 for 1 at $150
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