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Politics : Formerly About Applied Materials
AMAT 254.72+0.9%3:59 PM EST

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To: H James Morris who wrote (19369)5/13/1998 2:02:00 PM
From: David Aegis  Read Replies (2) of 70976
 
CNBC asked Morgan about acquisitions. I don't recall a specific reply. Did Morgan duck the question?? CNBC's gist was that in previous downturns, AMAT had gone out and acquired a lot of companies on the cheap, but that in this downturn, no acquisitions have been made. Anyone get notes on this?

--David
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