Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 275.07

+3.0%

3:59 PM EST

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To: KM who wrote (22867)	8/12/1998 4:06:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

Here's another mistake in describing what the company does: SANTA CLARA, Calif. (AP) -- Applied Materials Inc. (Nasdaq:AMAT - news), hammered by Asia's troubled economies and tough times in the semiconductor industry, saw its third-quarter profit fall 75 percent. Results also reflected a restructuring charge of $35 million. The company, the largest producer of equipment that makes silicon wafers, earned $47.5 million, or 13 cents a share on a diluted basis, Since when did they start competing with MEMC and SEH? BK

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