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Politics : Formerly About Applied Materials

AMAT 231.99

+3.6%

2:18 PM EST

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To: Proud_Infidel who wrote (32813)	10/14/1999 8:51:00 PM
From: Jeffrey D	Read Replies (1) of 70976

Blow out earnings {understatement} for Helix {HELX}. HELX is a major supplier of AMAT. Note the following forward looking comments from the HELX CEO. Jeff << Commenting on the results, Helix President, Robert J. Lepofsky, said, "Revenues in the third quarter of 1999 were 20% higher than in the second quarter of 1999. Net income in the third quarter of 1999 was up 60% compared to the immediately preceding quarter. We recorded strong order booking trends throughout the quarter in each of our Product Centers. With the rapid recovery in the global semiconductor capital equipment market, we and our customers are seeing the benefits inherent in our extremely short cycle time approach to operations. The combination of an excellent external market environment and the favorable response to our newer products from both end-users and OEM accounts suggests to us that we will continue to see positive performance gains in the quarters ahead." .

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