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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 179.56

+0.7%

Dec 24 12:59 PM EST

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To: Stitch who wrote (4243)	8/26/1998 12:06:00 AM
From: LK2	Read Replies (1) of 9256

*OFF TOPIC*The Asian contagion is still spreading. AMAT and XON. >>>>>>>>>>>>>> bloomberg.com U.S. Equity Preview Tue, 25 Aug 1998 New York, Aug. 25 (Bloomberg) -- The following is a list of companies whose shares may move in U.S. markets tomorrow. The stock symbol is in parentheses after the company name. Today's closing prices are included. Applied Materials Inc. (AMAT): The world's largest maker of semiconductor-manufacturing equipment said it will cut 2,000 jobs, or 15 percent of its workforce, to reduce costs in the face of slumping sales of its equipment to computer-chip makers in Asia and elsewhere. The company said it will take an unspecified charge for the firings, which will result in a fourth-quarter loss. Applied Materials rose 3/4 to 31 7/16. Exxon Corp. (XON): The oil company will idle a crude processing unit at its Baton Rouge, Louisiana, refinery in early October for planned maintenance, traders said. Exxon declined comment on plans for work a the 450,000-barrel-a-day refinery, the company's largest and the ninth-biggest in the world. Exxon fell 3/16 to 70 3/8. Copyright 1998, Bloomberg L.P. <<<<<<<<<<<<<<<<<<

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