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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (31413)	7/12/1999 11:30:00 PM
From: A. Edwards	Read Replies (1) \| Respond to of 70976

Merrill's insight into the recovery of the semi-equipment industry.... Merrill Lynch & Co. July 12, 1999 An excerpt from Merrill's weekly update: Its looks official the industry downturn is over. For the first time in several years AMAT has once again started to cater some internal meetings. Free drinks, cookies and an occasional sandwich had been one of the first casualties of the cost cutting programs that most companies implemented in 1997. But after 3 strong quarters and record sales and orders AMAT has agreed reward its employees with free food.