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To: Skeeter Bug who wrote (37279)	8/11/1998 9:25:00 PM
From: TREND1	Read Replies (3) \| Respond to of 53903

Skeeter Who died and left you boss (g) I tried to tell you when to buy puts, but did you listen ??? Larry Dudash

To: Skeeter Bug who wrote (37279)	8/11/1998 9:26:00 PM
From: phbolton	Respond to of 53903

"The semiconductor industry downturn continued to deepen during our third fiscal quarter because of poor economic conditions in Asia, industry overcapacity, and weaker than expected PC sales, compounded by a movement to lower priced PCs," said James C. Morgan, chairman and chief executive officer. "The sharp decline in new orders and net sales was broad-based, as customers in all regions reacted to further business difficulties by delaying equipment deliveries and investments in capacity and strategic programs. At this time, we are unable to predict how long this cycle will last, and are therefore assessing the appropriate level of infrastructure necessary to support a lower business volume, while assuring our industry leadership position." from AMAT's sad report (at least they play is straight)