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Politics : Formerly About Applied Materials

AMAT 261.90

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Dec 26 9:30 AM EST

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To: Terry D who wrote (59635)	1/30/2002 12:30:49 AM
From: advocatedevil	Read Replies (2) of 70976

"Day 2 at the Banc of America Securities Technology Conference" marketwatch.com snips: Novellus revenue view "Novellus Systems (NVLS: news, chart, profile) CEO Rick Hill ventured a guess that it would be four quarters before his chip equipment firm generates $450 million in quarterly revenue. He based that estimate on the expectation of new technologies, growth opportunities and economic factors." Texas Instruments: Capital expenditures "Like other chipmakers, Texas Instruments (TXN: news, chart, profile) scaled back its capital expenditure plans for the new year. On Monday, TI announced it would spend $800 million compared with $1.8 billion it spent in 2001." "Speaking at the conference, COO Rich Templeton told listeners to consider the large amounts TI invested the two prior years in order to place this year's targeted expenditures in a proper context." AdvocateDevil

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