Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.3%

Nov 14 9:30 AM EST

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To: Vartan who wrote (21558)	7/11/1998 6:51:00 PM
From: Dave Kahn	Read Replies (1) of 70976

vartan - You're division is impeccable. But like any company, amat has fixed costs that are unrelated to revenues, or that can _only_ be reduced with great cost and effort when revenues are expected to decline. If profits were a fixed percentage of revenues, reliably under adversely changing circumstances, we'd all get consistent returns on OUR investments, true? We don't.

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