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Politics : Formerly About Applied Materials

AMAT 266.58

+3.8%

1:14 PM EST

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To: Dr. Mitchell R. White who wrote (41804)	1/30/2001 11:31:56 PM
From: advocatedevil	Read Replies (1) of 70976

RE: "...they announced locally (but just as publicly) that there will be no contractors left on site by early February; that all senior management and executives will take pay cuts; that there will be 5 shutdown days this quarter (not quite a 10% cut across the board); that there will be more drastic efforts in Q3 if the situation doesn't improve." Mitch, Interesting post. How was the above communicated? (Internal company memo? E-mail? Other?) Is there any way to access and confirm this info other than putting a call in to IR? (Please don't take this the wrong way. I do not suspect your statements to be anything but true, however, I'm certain you'd agree that facts must always be verified.) BTW, I generally agree with you comments that last year's price correction had more to do with overvaluation than anything else. AdvocateDevil

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