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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (12846)	12/12/2001 10:50:46 PM
From: Softechie	Respond to of 99280

AMAT laid off workers earlier in the year. Dec 12 2001 3:21 PM In Play 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). Oct 23 2001 12:13 PM In Play Applied Materials (AMAT) 34.44 -0.33: Hearing from sources at Banc of America Securities that the firm's contacts indicate that AMAT is seeing few bookings and that business will remain weak through Apr 2002; company might have to do more layoffs. Jun 21 2001 9:13 AM In Play KLA-Tencor (KLAC) 54.94: Hearing that research firm Fechtor Detwiler is making negative comments about KLAC in a note today; says company is facing declines of well over 50% in wafer inspection business, it will soon announce deep layoffs, that Applied Materials (AMAT) is grabbing huge market share from KLAC, and that ThermaWave (TWAV) had a recent win at Micron at KLAC's expense. Apr 24 2001 2:58 PM In Play Applied Materials (AMAT) 51.02 -1.71 (-3.2%): Hearing from sources at JP Morgan that firm concerned AMAT could miss its qtr and announce layoffs... (Briefing thought: Don't think either would come as a surprise to investors given the state of the semiconductor capital equipment industry, but could provide a reason to take profits following more than 60% rally off April lows)... Company not due to report results until May 15.