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

To: Gottfried who wrote (49239)	7/16/2001 5:45:07 PM
From: Shoibal Datta	Respond to of 70976

Chip equipment 2001 sales seen down 35 pct from 47.7 bln usd yr earlier - SEMI SAN FRANCISCO (AFX) - The global semiconductor equipment industry sales will this year fall 35.0 pct from a "record" 47.7 bln usd in 2000, according to the mid-year forecast released by industry association Semiconductor Equipment and Materials International. The forecast -- which includes input from 71 of the associations member from the US, Japan and Europe, covering 85 pct of the total industry sales volume -- predicts the industry in 2001 will ship 31.0 bln usd in new chip manufacturing, testing and assembly equipment. SEMI expects the semiconductor capital equipment market in 2002 to rise 11.6 pct to 34.6 bln usd, climbing 22.5 pct to 42.4 bln the following year. While the outlook is for the largest yearly sales decline for the industry in 2001, the industry sees 2001 being "the second greatest year for industry revenues," SEMI said. "Chip manufacturing capacity was being added at accelerated levels last year because PC, cellphone, telecommunication and network communication markets were expected to grow through 2001," SEMI president and chief executive officer Stanley Meyers said. "Weakness in these end markets led to an over-capacity situation and chip makers stopped ordering new high-tech manufacturing equipment." mtp/lj For more information and to contact AFX: www.afxnews.com and www.afxpress.com Copyright 2001 AFX News Ltd.

To: Gottfried who wrote (49239)	7/17/2001 11:48:44 PM
From: Paul V.	Read Replies (2) \| Respond to of 70976

Gottfried, I went to St. Louis today and just returned. Looks AMAT was in its shakeout phase again, like in past cycles. With over twice the amount of trading volume than the average and price moving up it looks like we are experiencing the institutions were buying after the morning sell off. This appears to be something new in this cycle. Cary, are you still holding to your previous condition based on todays action? What caused the upturn today, anyone? Paul