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

To: Sam Citron who wrote (57260)	12/12/2001 3:32:38 PM
From: advocatedevil	Read Replies (3) \| Respond to of 70976

Speaking of an AMAT RIF, I just ran across the following on another SI thread: 15:21 ET Applied Materials (AMAT) 43.76 -0.18 (-0.4%): -- Update -- Sources at Prudential are telling us that checks show AMAT could have a 2nd round of layoffs, numbering perhaps 2000-2500, beginning today; firm sees this as a positive as it could provide leverage for the co as the cycle turns and could lower their breakeven level (currently at about $1.1 bln in quarterly sales). Message 16781764 AdvocateDevil