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Politics : Formerly About Applied Materials
AMAT 322.34+1.1%3:59 PM EST

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To: Jack Kunkle who wrote (14574)1/13/1998 2:31:00 PM
From: Clarksterh  Read Replies (1) of 70976
 
Jack - On last 10Q, as of 9/27/97 Motorola had spent $1.883B on "Property, Plant and Equipment". See

sec.gov

I'll admit that I'm not an accountant, and strictly speaking this is cash flow, not actual equipment installed, but it is the closest I could get (I'd be suprised if cash flow for this item differed too much from new equipment installed since I doubt that AMAT et al have fancy payment plans). Assuming that this spending rate is constant for the year, then that equates to $2.5B per year.

Where did you get your $1.2B? (If I had to guess, it is from the difference between installed equipment, before depreciation, which was $11B as of 9/97, and in '96 was $9.8B, but this forgets the fact that they threw out some of the equipment.)

Clark
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