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

To: michael97123 who wrote (59300)	1/24/2002 9:03:30 AM
From: advocatedevil	Respond to of 70976

"Electroglas Reports Results for Fourth Quarter and Fiscal 2001" biz.yahoo.com ``The outlook for 2002 continues to be uncertain. While capacity utilization continues to improve slowly and it appears that equipment purchases are below maintenance levels for the semiconductor industry, customers continue to be very cautious. Industry forecasts for the semiconductor industry range from a small growth to as much as 20% growth. Industry forecasts for equipment continue to be negative on a year-to-year basis, but growing throughout 2002. So, we continue to control expenses, manage cash and position Electroglas with the products and infrastructure for the next industry upturn.'' AdvocateDevil