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To: Mr. Aloha who wrote (11432)	12/12/1997 1:54:00 AM
From: Mr. Aloha	Read Replies (1) \| Respond to of 25960

More information from the AMAT thread regarding possible order cancellations.. Excerpt from CBS MarketWatch 8:00EDT Dec 11: In the latest major blow to the chip-making equipment group, Hyundai Electronics reduced 1998 orders from Applied Materials Inc. to the tune of $100 million to $200 million, according to UBS Securities analyst Mark Fitzgerald. Looking ahead, Fitzgerald, who downgraded Applied to a "hold" in October, has even lower expectations for the industry. "The Asian situation is going to take a while to play out," Fitzgerald said. "The question is when they'll become good buys again, but we're reluctant to jump in right now. I think the next three months holds even more bad news. --------------- P.S. We'll see, Mark Fitzgerald has said several things in the recent past that were stated as false by several companies. Also, AMAT has over $1.7 billion in backlog orders to smooth out the bumps - or should we say did? :-) Aloha