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Politics : Formerly About Applied Materials

AMAT 229.52

-2.4%

11:24 AM EST

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To: Kevin Hay who wrote (27670)	1/12/1999 6:37:00 PM
From: Duker	Read Replies (1) of 70976

<<And how is a 33% decline in cap spending for 1999 going to help amat?>> The portion allocated to the front-end would be the same as 1998 ... the CapEx reductions come out of facilities, offices, and some test & assembly -- the latter of which was a big slug in 1998. So, the number sounds good for AMAT to me. --Duker

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