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

To: StanX Long who wrote (6070)	5/10/2003 12:03:37 PM
From: Gottfried	Respond to of 25522

OT *** from Barron's today SARS Victims? Listed below are some of America's largest companies and their sales exposure to areas that have been affected by the disease. Total Sales in Sales Affected Company Ticker (bil) Region Countries or Affected Markets Dow Component Stocks 3M MMM $16.3 21.01% Asia Pacific Boeing BA 54.1 16.75 Asia excluding Oceania Caterpillar CAT 20.2 11.90 Asia Pacific Coca-Cola KO 19.6 25.80 Asia Pacific DuPont DD 24.0 12.70 Asia, including Japan, Taiwan Eastman Kodak EK 12.8 17.50 Asia Pacific General Electric GE 13.1 9.20 Pacific Basin Intel INTC 26.8 44.74 Asia Pacific, including China, Taiwan, Japan Intl Business Mach IBM 81.2 46.20 Japan Johnson & Johnson JNJ 36.3 11.54 Asia Pacific (Total includes Africa) McDonald's MCD 15.4 16.50 Asia Pacific (Total includes Middle East, Africa) United Technologies UTX 27.9 12.90 Asia Pacific Large Nasdaq Stocks Applied Materials AMAT 5.1 60.70 Asia, including Taiwan, Japan, and South Korea Cisco Systems CSCO 18.9 15.80 Asia Pacific and Japan Qualcomm QCOM 3.0 54.90 South Korea, Japan PS: AMAT has the highest % of sales in the affected region - over 60% AMAT $5.1B 60.70% Asia, including Taiwan, Japan, and South Korea

To: StanX Long who wrote (6070)	5/12/2003 12:29:08 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

TEL Cuts 1,000 Jobs -- Reed Business Information - US, 5/12/2003 Electronic News via NewsEdge Corporation : As it expected, Tokyo Electron Ltd. today announced a 1,000-employee layoff on its fiscal year results. TEL had announced on April 3 that it might face cuts as a reaction to the poor world economy and conflict in Iraq. TEL today held to those concerns, saying that it expects a recovery of semiconductor-related capital investment to get under way in the second half of fiscal 2003, but that the world economy remains uncertain. "Based on this recognition, we think there is a pressing need for us to implement measures to establish a business structure that would be more profitable even if net sales remained at the current level," TEL said in its financial statement. "To this end, as a part of the restructuring measures already decided, we intend to consolidate manufacturing and development operations worldwide, thereby cutting fixed costs by reducing the workforce group-wide by approximately one thousand, and at the same time we will take action to optimize the organizational structure, including the reshaping of group companies." TEL expects the semiconductor and semiconductor manufacturing equipment industries to continue to grow over the mid- to long-term, while seeing normal silicon cycle fluctuations. However, the company said there is a "global shakeout among the contenders in those industries" coming. Implementation of measures like the workforce reduction, TEL said, will strengthen its business structure to keep it in the game. For the year ended March 31, net sales increased 10.2 percent from the previous year to about $3.86 billion (461 billion yen) on a net loss of $347 million (41.5 billion yen), more than twice what was recorded in the year ended March 31, 2002. Furthermore, as the company predicted earlier this month, an extraordinary loss of $173 million (20.6 billion yen) was recorded for restructuring costs. "Despite expectations that a recovery of semiconductor-related capital investment will get under way in the second half of fiscal 2003, the state of the world economy remains a source of uncertainty," TEL said. "In these circumstances, we are implementing restructuring measures to thoroughly reduce costs, and we expect to signal restoration of profitability by reporting income before income taxes on a consolidated basis. However, we forecast a net loss attributable to income taxes and income tax adjustments."