Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

Nov 26 3:59 PM EST

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To: Tony Viola who wrote (37940)	10/6/2000 6:41:10 PM
From: Proud_Infidel	Read Replies (1) of 70976

Applied Materials says DOJ opens inquiry SANTA CLARA, Calif., Oct 6 (Reuters) - Applied Materials Inc. (NasdaqNM:AMAT - news) on Friday said the U.S. Department of Justice has told the company it is looking into the company's technology licensing practices. Applied Materials, a provider of equipment and services used in the semiconductor industry, said the investigation ``appears to be a routine inquiry,'' and it believes its technology licensing practices are legal. ``This appears to be a routine inquiry into a small part of Applied Materials' business -- licensing of intellectual property, including patents,'' the company said in a statement. It said it will cooperate fully with the DOJ's inquiry. Further details were undisclosed. Applied Materials shares ended trading on the Nasdaq systme up $1-1/16 at $54-3/16. The news announcement came after the market closed.

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