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Politics : Formerly About Applied Materials
AMAT 318.72-2.0%3:59 PM EST
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To: Ian@SI who wrote (20794)6/25/1998 10:33:00 AM
From: marc henschke  Read Replies (1) of 70976
 
Ian and all:
The interview with Morgan was slightly more positive than you have suggested. Morgan indicated that he anticipates selective buying from the Japanese over the next six months, and further stated that, if the macroeconomic situation remains stable from here, he expects business to begin picking up again "early" next year. Perhaps importantly, despite being given the chance, Morgan declined to endorse the theory that no recovery could be expected until the second half of 1999.
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