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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: Ramon V. Frias who wrote (4897)5/27/1997 9:16:00 PM
From: Wes   of 70976
 
Hi Ray,

I'd like to know more about the "indications" you refer to regarding
your belief that the next peak in the semi-equipment industry
will occur in mid-1999.

This is somewhat disturbing if true, since many semi-equipment
companies are predicting a flat outlook thru the midddle of 1998.
Does this mean that the next upcycle will be weak compared with the
growth cycles of the past years ??

Wes
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