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

To: Proud_Infidel who wrote (22852)	8/11/1998 9:19:00 PM
From: Margarita	Respond to of 70976

"Misc CC Notes" Brian Thanks for the info.

To: Proud_Infidel who wrote (22852)	8/11/1998 9:24:00 PM
From: Fortinwit	Read Replies (1) \| Respond to of 70976

Misc CC Notes: Brian, Many thanks for taking notes from the CC. It's more than helpful for the rest of us unable to listen in. I've been able to garner FAR FAR more useful information from posts here this afternoon/evening than ALL the other sites I subscribe to, combined. On another note, I am happy to report that now, according to TheStreet.Com, AMAT is the largest chip maker... now we know where the R&D dollars went??! <g> ...Shares in the world's largest chip maker were trading after hours at their closing price of 32 7/8... F.

To: Proud_Infidel who wrote (22852)	8/11/1998 9:26:00 PM
From: Norm Tock	Respond to of 70976

Brian, Thanks for the good job on your notes from the CC call. My son sent me a long drawn out report he received, and your report was much easier to read!

To: Proud_Infidel who wrote (22852)	8/11/1998 9:26:00 PM
From: Jeffrey D	Read Replies (1) \| Respond to of 70976

Thanks Brian. What was your opinion of the cc? Gloomy? Thanks, Jeff

To: Proud_Infidel who wrote (22852)	8/11/1998 10:06:00 PM
From: Big Bucks	Respond to of 70976

BK, Thanks for taking the time to listen and post your notes, Well Done!! BB

To: Proud_Infidel who wrote (22852)	8/12/1998 11:33:00 AM
From: Jacob Snyder	Read Replies (2) \| Respond to of 70976

more misc cc notes: (thanks, Brian, for doing most of the work) sharp decline in orders in June factors which continue to affect the industry: DRAM overcapacity, as players cannabalise (sp.?) the industry by pursuing market share at any cost decline in CPU prices growth of sub-1000 segment internet Korean companies have no financing 4Q guidance: rev. 625-675M, orders 600M, overall net loss including restructuring charges; sizing company to breakeven at sales of 600M/Q 138M in backlog cancellations, none of which were losses to competitors; if an order was pushed out less than 12 months, it was kept on backlog; over 12 months, it was taken off backlog virtually no capacity orders; selective technology orders, because new chips are all being designed for .25 or below processes gaining market share in all segments, and in Japan we'd like to think we're at the bottom, but..... no visibility for 1999.....we cannot assume we've hit bottom, and cannot predict the length of the downturn --------------------------------------------------- My comments: Compare the last statement to the "we are now trolling the bottom" of last CC. Big difference. Given the general difficulty of selling manufactured goods in Japan, and the yen devaluation, and the fact that AMAT's biggest competitors are Japanese and are desperate for orders, gaining market share in Japan is a very impressive achievement.