Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.77

+0.9%

Nov 12 3:59 PM EST

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To: Gottfried who wrote (26103)	11/10/1998 9:17:00 PM
From: John L.	Read Replies (1) of 70976

If Intel is doing so well why are they continueing there reduction of employees? Is the capital expenditure number, $4.2 Billion including the DEC aquisition higher than previously announced? Intel sounds like they are having a good couple of quarters, but they seem timid in there spending. If Christmas sales are weak we will have backlog like last year causing another slowdown. Sounds like Intel will spend after they see better times down the road, AMAT may fly tomorrow but Nov. 17 will determine the short course being up or down. AMAT will fly high again after the turmoil and oversupply in chips run there course, I just don't see that happening tomorrow. Maybe we will not see the 20's again this downturn but with conditions in Japan and Asia still uncertain at best I will wait to hear what Captain Morgan has to say before jumping on the runaway train.

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