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Politics : Formerly About Applied Materials
AMAT 260.77+0.2%Dec 24 12:59 PM EST

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To: Gottfried who wrote (31189)6/29/1999 12:28:00 PM
From: Jeffrey D  Read Replies (2) of 70976
 
Gottfried/all, AMAT says Asian market sales to double. Perhaps old news but it doesn't hurt to hear it it again. Jeff

U.S. Stocks Rise as Applied Materials, Intel Lead Gains in Semiconductors
By New York newsroom
U.S. Stocks Advance, Led by Intel, Applied Materials

New York, June 29 (Bloomberg) -- U.S. stocks rose as Intel
Corp. and Applied Materials Corp. led an advance in semiconductor
shares.

The Dow Jones Industrial Average gained for a third day,
rising 37.36, or 0.4 percent, to 10,692.51. The Standard & Poor's
500 Index gained 4.18 to 1335.53. The Nasdaq Composite Index
climbed 16.90 to 2619.34. Seven stocks rose for every six that
fell on the New York Stock Exchange.

Applied Materials Inc., the world's largest semiconductor
equipment maker, said sales in Southeast Asia are expected to
double as the region recovers. Applied Materials rose 2 7/8 to 69
1/4. Intel gained 1 5/16 to 58 5/16, contributing most to the S&P
500's gain.

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