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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (19742)	5/28/1998 10:17:00 PM
From: John L.	Read Replies (1) \| Respond to of 70976

Do you think the recent announcement of job cuts will help the stock out short term. I have seen workforce cutbacks improve stock prices in the past,employees being the largest fixed cost of doing business with revenues flat should translate into higher earnings. This seems to be playing the game for wall street if management believes business will pick up in less than 12 months. There is usually a 6 month period where new employees are not productive in this business so it makes me wonder if things might be bad for more than 12 months, I sure hope not. What do you think about ASYT and AGAI, I just got into both of these for the long haul I think.