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

To: Jacob Snyder who wrote (50113)	8/2/2001 6:30:33 PM
From: advocatedevil	Respond to of 70976

Tokyo Electron cuts sales & earnings forecast for six months ending September 30, 2001 and for the year ending March 31, 2002: Reasons for revision Demand for semiconductors has rapidly decreased, due to the global economic stagnation triggered by a slow down in the US economy. Semiconductor manufacturers cut their investment plans and the business environment has become very harsh. Therefore, the sales and profit from our semiconductor production equipment fell short of the financial forecast made on 18 May, 2001 and the company has decided to revise its financial forecast. tel.co.jp also... Consolidated Financial Review for the First Quarter Ended June 30, 2001 <35KB>(PDF)* tel.co.jp AdvocateDevil