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Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST

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To: Gottfried who wrote (777)7/10/2001 8:47:22 PM
From: Return to Sender  Read Replies (1) of 95737
 
ADE Corp. says cuts 5 pct of jobs in streamlining

biz.yahoo.com

WESTWOOD, Mass.--, July 10 (Reuters) - ADE Corp. (NasdaqNM:ADEX - news), a maker of inspection systems for semiconductor makers, on Tuesday said it had cut its work force by about 5 percent as part of cost-cutting measures.

The company said all the job reductions were associated with ADE's New England facilities and were part of other measures to streamline its overall cost structure. No further details were immediately available on how many jobs would be lost.

ADE shares lost 78 cents, or 4.5 percent, to close at $16.57 at the end of trading on the Nasdaq.

Thanks for posting the links below Gottfried. I enjoyed the fact that it is possible to see the humor in the fact that this is a cyclical industry which is certain to recover.

> June Infrastructure slide show download infras.com
give it some time if you have dialup. It's 55 pages.
Need Adobe Acrobat Reader? adobe.com <
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