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Politics : Formerly About Applied Materials
AMAT 328.51+1.9%Feb 2 3:59 PM EST

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To: derek cao who wrote (8234)9/26/1997 7:55:00 PM
From: Teri Skogerboe   of 70976
 
Hooooooa there guys,

I have recently seen an item from MU's management that said (please check my memory) they intend to raise CapEx Spending from $800M to $1B for 1998. We probably posted the story on this thread; hopefully one of us can re-find it. So exactly what they intend to do with this $$$, I'm not positive, but they had definite sounding plans for spending it. Does anyone else recall this news item?

Regards,
Teri

PS. Biased and still Long AMAT (after all these years -g-)
No one can trade on my possibly faulty memory because the market is closed and we have all weekend to find the "story".
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