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Politics : Formerly About Applied Materials
AMAT 240.69+4.2%2:01 PM EST

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To: Jack Kunkle who wrote (19313)5/12/1998 5:37:00 PM
From: Murti Gajjala  Read Replies (1) of 70976
 
Jack,

Is the 0.23C (Q3 eps) due to 10% planned layoffs? Any mention in the CC as to why this low expectation. If this is the reason, downgrades by analysts may not happen.

Murti
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