Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 242.41

+5.0%

3:59 PM EST

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To: FJB who wrote (35606)	7/5/2000 5:07:17 PM
From: Proud_Infidel	Read Replies (2) of 70976

14:59 ET Chip Sector : Merrill Lynch does not expect new fab spending to result in meaningful output growth before the 2nd-half of 2001; believes seasonal uptick in demand later this year could cause supplies to tighten further, leading to upward revisions in the chip sector and acting as an impetus for a rally... Philadelphia Semi. Index (SOX) is trading 8.6% lower on the session, after Salomon Smith Barney cuts chip sector from OUTPERFORM to NEUTRAL.

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