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

To: Gottfried who wrote (2416)	8/15/2002 10:43:38 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Some S&P commentary FWIW...... However, S&P issued a note of caution for chip equipment makers. "With recent capital expense cuts by large chipmakers, Standard & Poor's believes equipment-maker revenues will fall another 30 percent in 2002 before turning around. Orders and revenues have begun growing from these depressed levels however, and we expect slow growth until the need to increase production capacity occurs, which we see beginning in 2003," analysts wrote. marketwatch.com