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Politics : Formerly About Applied Materials
AMAT 307.20+2.0%Jan 12 3:59 PM EST

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To: Gottfried who wrote (13411)12/15/1997 8:21:00 PM
From: Kumar Nathan  Read Replies (1) of 70976
 
GM & Others: Listened to MUs conf.calls. This might bring more sell-off tommorrow. For one question, MU Mgmt said that Koreans are cancelling their orders and further more, due to their cash flow problem, they are not able to pay for the equipments they already bought.

Whether the statement made by MU is good or bad, this doesnt sound good for equipment sector.

Regards

Kumar
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