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To: thomas hayden who wrote (12973)	6/11/1998 10:22:00 PM
From: shane forbes	Read Replies (1) of 25814

(AMAT down in after hours continued) Did a bit of checking. ASMLF did warn: Shares of ASM Lithography Inc. (ASMLF) is poised to fall Friday after the chip-equipment manufacturer said it expects fiscal 1998 earnings to fall below fiscal 1997 results. The company attributed the weak results to overall softness in the capital equipment market and order reductions by Taiwanese customers. In 1997, ASM earned $1.08 a share, and analysts expected approximately $1.52 in fiscal 1998. Last week, CIBC Oppenheimer downgraded the shares to "buy" from "strong buy." Shares closed down 2 15/16 at 34 5/16 ahead of the news. + CPQ will be short 1 c + Aetrium busted today + WFR warned the beat goes on... Maybe it is Taiwan - maybe it is just the fact that when the dominant (such as ASMLF) fall the consensus is that business conditions are really poor and hence even the mighty like AMAT will be affected...

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