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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (784)	3/12/2002 11:13:04 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Found this on the Yahoo CYMI board: Pru on Semi Cap Equip : -- Before Open -- Prudential analyzes the impact of the fiscal stimulus package on group; notes that bill includes a 30% depreciation bonus for certain capital spending, including semi cap equipment, for a period of 3 years beginning 9/10/01 to 9/11/04. Estimates that bonus depreciation could have a tax benefit of about $700 mln and cumulative 3-year tax benefit of about $2.5 bln. Prudential believes package could increase some spending plans on the margin and sees the positive impact focused on leading edge tools, for 0.13 micron technology with copper interconnects; names AMAT, NVLS, KLAC, LRCX, FEIC, and RTEC as beneficiaries