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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (18241)	6/18/2001 8:54:53 PM
From: puborectalis	Respond to of 30051

"Business conditions in the microelectronics industry deteriorated at an unprecedented pace over the last quarter," said Jim Dauwalter, president and chief executive officer of the Chaska-based company(ENTG). "Orders for both unit volume and capital spending driven products have decreased significantly. In response, we accelerated our efforts to lower costs including reductions in work schedules, mandatory time off, and the consolidation of manufacturing facilities which involved the elimination of about 170 positions