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

To: Proud_Infidel who wrote (6781)	8/14/2003 1:38:37 PM
From: Big Bucks	Read Replies (2) \| Respond to of 25522

It is typical, when a new executive takes over, for them to bring their friends and associates into the organization. Typically, they usurp the existing status quo of existing management and the organization is in turmoil for a while as the newbies try to learn the ropes and the remaining employees try to adjust to new ideas and ways of doing things. Typically, remaining middle managers see that there is no possibility/opportunity for promotion and move to greener pastures and take their experience and knowledge base with them. IMO,it will be a rocky road for quite a while at AMAT.....lots of change.....probably necessary to some degree, but an upper management upheaval as has occurred this summer will take some time to settle down. BB