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Technology Stocks : KLA-Tencor Corporation (KLAC)

KLAC 1,194

-1.1%

Nov 7 9:30 AM EST

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To: Cary Salsberg who wrote (1549)	1/18/2001 2:22:05 PM
From: Jerome	of 1779

Cary... One of the impressive movements in the semi industry is the amount of consolidation we have seen in the past year. SVGI, GSNX, IPEC, and CFMT. If NVLS is to grow substantially it will be the acquisition route that will move NVLS from where it is today to a doubling in size. Is it not likely that NVLS could acquire some firms that AMAT could not because of anti-trust concerns? I have no idea who would be a suitable acquisition target. Your insights would be appreciated. Jerome

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