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

To: Proud_Infidel who wrote (34456)	2/29/2000 7:31:00 PM
From: Proud_Infidel	Respond to of 70976

Applied Materials Gives Options to Israeli Workers, Paper Says By Felice Maranz and Joshua Muskat Rehovot, Israel Feb. 29 (Bloomberg) -- Applied Materials Inc., the No. 1 maker of semiconductor equipment, offered employees of its Israeli unit stock options worth about $59,000 at the current share price of 176 7/8, Yediot Ahronot reported. Each of the 700 employees of the Rehovot-based unit received options, regardless of his or her position or seniority. The Santa Clara, California-based company has offered each of its 15,000 employees worldwide options on 400 shares that can be purchased at $30 each, the newspaper added. Applied Materials earlier this month raised Chairman and Chief Executive James Morgan's 1999 bonus nearly fivefold after the company's shares almost tripled last year. (Yediot Ahronot, 2/29, pg.1 business section)