Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.99

+3.1%

3:59 PM EST

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To: Paul V. who wrote (30257)	5/17/1999 10:00:00 PM
From: Paul V.	Read Replies (1) of 70976

Threaders, Reuters, Monday, May 17, 1999 at 11:52 Tito, isn't Salomon Smith Barney on the train when AMAT is leaving the station. We will just have to wait and see. Paul NEW YORK, May 17 (Reuters) - Salomon Smith Barney said Monday it downgraded four semiconductor equipment companies to outperform from buy.-- Downgraded companies are Applied Materials Inc. (NASDAQ:AMAT), KLA-Tencor Corp. (NASDAQ:KLAC), Lam Research Corp. (NASDAQ:LRCX) and Novellus Systems Inc. (NASDAQ:NVLS).-- Said sees flattening industry orders at the end of 1999 and early 2000. -- Applied Materials shares fell 1-1/16 to 59-5/8, KLA-Tencor fell 1-5/8 to 49-7/8, Lam Research fell 1-5/16 to 29-1/2 and Novellus fell 2-11/32 to 51-11/16.

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