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Politics : Formerly About Applied Materials

AMAT 235.13

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3:59 PM EST

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To: Proud_Infidel who wrote (22192)	7/27/1998 3:20:00 PM
From: Gottfried	Read Replies (2) of 70976

Brian/all, Carl Johnson's latest... techweb.com excerpt It is notable that most of the Wall Street analysts are voicing more bearish tones toward the industry. We have heard rumors that one analyst might call for a bottom in September. We don't think the bottom is in, and even if it is, the recovery will probably evolve in a U-shaped formation. It will be at least a few quarters before the industry's bookings and shipments start to rally to the upside. GM

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