Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 228.68

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Nov 11 3:59 PM EST

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From: Gottfried	3/16/2013 2:09:09 PM
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"In spite of plunging sales and rumors the company plans to exit the business, Applied Materials (AMAT) remains "fully committed" to its solar manufacturing equipment ops, says division chief Charlie Gay. Thanks to massive industry overcapacity and the liquidity/solvency issues faced by many customers, Applied's solar division sales fell 79% in 2012 to $425M. Orders tumbled 88% to a mere $195M." seekingalpha.com

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