Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 307.20

+2.0%

3:59 PM EST

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To: Kumar Nathan who wrote (13425)	12/15/1997 9:53:00 PM
From: Big Bucks	Read Replies (1) of 70976

Kumar, AMAT gets paid 90% up front upon placement of the order, 10% upon sign-off acceptance of the equipment. No equip manufacturer would place equipment without the cash up front. Puzzled by this comment, unless it means that revenues aren't enough to pay creditors who lent money against the equipment purchase. Any thoughts? BB

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