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To: kas1 who wrote (1871)9/8/1998 11:27:00 PM
From: Joe Pirate  Read Replies (1) | Respond to of 2389
 
>>applied materials starting having 3-day weekends (fridays off) at its santa clara headquarters before its stock went from 40 to 24...>>

Yep, they started "purging" and taking measures back in December 1997 when there were signs of "bad" things to come.. Eventually, the ASIAN
crisis inflicted heavy casulties on those poor souls into
the wee summer days.. LAYOFF !!

Blame it on the "ASIANS" when they created a flurry of business
over the past years, building BILLION dollar FABS with borrowed
money WHICH they can NOT pay back!! Companies selling to the overseas
markets got PUniSheD!!!!

So, what you really need to AXE yourself is this "How much
exposure to ASIA does this one have" ?

Pirate