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


To: Big Bucks who wrote (22090)7/23/1998 4:35:00 PM
From: Big Bucks  Read Replies (3) | Respond to of 70976
 
All,
FYI, biz.yahoo.com

Exerpt:
ELECTRONIC BUYERS' NEWS - Chip equipment makers attending the annual Semicon West trade show last week in San Jose see the worldwide glut of semiconductor chips continuing well into 1999 and possibly until the year 2000, EBN writes in its July 20 issue.
Plant expansion has ground to a halt. James Morgan, CEO of industry leader Applied Materials Inc. (AMAT - news) was unable to identify a single new chip fabrication plant that will go into production this year, the article said.

BB



To: Big Bucks who wrote (22090)7/23/1998 5:07:00 PM
From: Gottfried  Read Replies (3) | Respond to of 70976
 
Big Bucks/all, to expand on institutional ownership...
59.5% of all AMAT shares are held by institutions. The site you
referenced explains...

Sponsorship

Number of Institutions Holding Shares is the total number of banks, insurance companies, or mutual funds with equity assets over $100 million that hold shares of the company stock.

Percentage Shares Held by Institutions represents the number of common stock and preferred stock held by those institutions. Institutions are banks, insurance companies, or mutual funds with equity assets over $100 million.


I believe the 59.5% is the more meaningful number.
Thank you for the link.

Gottfried