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Politics : Formerly About Applied Materials

AMAT 235.13

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Nov 10 3:59 PM EST

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To: Dr. Mitchell R. White who wrote (35393)	6/5/2000 9:06:00 AM
From: David Loomis	Read Replies (1) of 70976

The gas industry is px, apd, boc and L'air Liquide. arg is a distributor but not as big on the electronics side as the others. px announced a 10% price increase for nitrogen etc on Friday the 2, but most customers have negotiated firm pricing for the 3-5 year contract term or much more limited escalation clauses tied to the ppi. Electronic gas demand is strong, but probably <10% of the overall business at a large gas manufacturuer.

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