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Politics : Formerly About Applied Materials
AMAT 238.47+3.3%1:20 PM EST
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To: Joseph J. Clark who wrote (23964)9/9/1998 10:42:00 AM
From: Big Bucks  Read Replies (2) of 70976
 
Joe,
When AMAT layed off 2000 + the approx 1500 package departures
earlier in the year, it made a statement about business conditions
going forward. A large % of AMAT's business is derived from
ASIA and new fab expansion, of which there is none, at this time.
That should provide a major clue as to the state of business/growth
projections going forward. Manpower cuts of experienced workers are
not something a company does lightly if it sees the prospects of
business increasing within 6-12 months.

Just my opinion,
BB
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