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

To: Donald Wennerstrom who wrote (14969)	5/14/2005 5:14:46 PM
From: Gottfried	Read Replies (1) \| Respond to of 25522

Don, politics is involved >>in an April hearing, Merrill said he was persuaded to oppose the deal by a study commissioned by Micron, which earned a slim profit in 2004 after losing $2.7 billion the previous three years. It asserts any new capacity would add to a global glut that already has driven down DRAM prices. SCALED BACK Micron also has a powerful ally. Republican Senator Michael D. Crapo, from Micron's home state of Idaho, chairs the international trade subcommittee that oversees Ex-Im.<< Gottfried