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To: Steven Angelil who wrote (14555)	2/11/1998 12:35:00 PM
From: William Peavey	Respond to of 25960

I do know if this has been noted, but AMAT's CEO was interviewed on both CNBC and CNNfn this morning after posting earnings that were substantially higher and cautioning about the Asian future. What really got my attention was his continual references to the new .25 standard. He obviously views it as an imperative for the chip mfg industry. In light of many on this thread viewing Applied Materials as a bellwether, I was relieved by the discussion. Bill Peavey