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

To: Jeffrey D who wrote (34344)	2/18/2000 1:10:00 PM
From: Jim B	Respond to of 70976

roflmao.. yep, but remember that post was talking about what I thought it would do over the next few weeks.. not what I thought it would do today.. hehe i went ahead and hedged my bet here... just in case the market turns against me... but i remain long with expectations of $200 price tag before the march 15th date.. hope we dont give back too much of yesterday's gains.. we're already under 182... be nice to rally eod and close near 184 or 185 jim

To: Jeffrey D who wrote (34344)	2/18/2000 8:26:00 PM
From: Proud_Infidel	Respond to of 70976

Applied Materials Boosts CEO's Bonus Nearly Fivefold (Update1) By Cesca Antonelli Applied Materials Boosts CEO's Bonus Nearly Fivefold (Update1) (Adds details on options package in second, fourth, fifth paragraphs.) Santa Clara, California, Feb. 18 (Bloomberg) -- Applied Materials Inc. raised Chairman and Chief Executive James Morgan's bonus nearly fivefold after shares of the biggest semiconductor- equipment maker almost tripled last year. Morgan received a $1.27 million bonus in fiscal year 1999, up from $264,190 in 1998, Applied said in a U.S. Securities and Exchange Commission filing today. He was awarded an options package the company valued at about $19 million if the stock gains 10 percent a year for the term of the options, compared with options valued at about $2.3 million in fiscal 1998. Applied has benefited as chipmakers updated product lines and boosted output amid a 15 percent rise in demand last year. Tuesday, the company said orders rose to a record $2.36 billion in its first quarter ended Jan. 30. Orders will reach another record in the current period, it said, and profit will exceed analyst forecasts. Today's filing said Morgan's salary rose 4 percent to $778,542. He also realized a gain of $16.1 million from previously granted options. President Dan Maydan's bonus rose fivefold to $1.03 million in fiscal year 1999, and he got options valued at about $16.3 million. Chief Financial Officer Joseph Bronson's bonus more than quadrupled to $596,706, and he received options valued at $12.2 million. Santa Clara, California-based Applied shares fell 10 5/8 to 177 3/4 today.