Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: LemurHouse who wrote (6159)	5/22/2003 9:13:36 AM
From: Lone Star	Read Replies (3) \| Respond to of 25522

You guys have a lot more to worry about than this issue, which will pass quickly. Consider, the three technologists that built Applied are gone. Maydan is retiring, Somekh and Wang have "window" jobs under the new regime. And, this isn't Splinters doing, its Morgan and the board due to the long-term infighting of Somekh et al. The team that developed every product from when Applied was $26M to $10B at its peak is no longer driving the development engine, and people like these are extremely hard to replace. Maydan was a bona-fide genius, and one hard-driving SOB. They leave with Applied reeling in oxide etch, the only etch market that is growing( damascene ), and more importantly their PVD market cash cow will continue to diminish as copper replaces Aluminum. PVD was the incredible growth market in history for them- ASP's were $4-5M, margins were over 65%, and they had like 80% market share- carried the company like nothing before. Who are the technologist inventors going forward, and what markets will they address for future growth are the questions you need answered. The old Applied is gone.