Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 324.20

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9:55 AM EST

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To: Tony Viola who wrote (42376)	2/20/2001 3:04:46 PM
From: Jacob Snyder	Read Replies (1) of 70976

False alarm. You're right, it looks like belt-tightening in other areas, but they are sticking to the 7.5B capex in 2001. They are betting that the downturn (in the economy and chip demand) is over by 3Q01, and the right move is to continue expansion/upgrading through this downturn.

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