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


To: Berk who wrote (23744)9/2/1998 11:11:00 AM
From: Katherine Derbyshire  Respond to of 70976
 
I don't know of any study to show that AMAT is any better at calling the bottom (and investing there) than anyone else. They have not publicly announced any acquisitions; I don't know who they might be negotiating with.

At the same time, they just completed a 20% layoff, and are sure to have trouble getting those people back at some future date. That's not the action of a company that thinks we have reached the bottom.

Katherine