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


To: Proud_Infidel who wrote (23927)9/7/1998 9:26:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 70976
 
Brian,

At the bottom of the cycle, the smaller companies with leading edge ideas but no products which have yet met with success in the market are desperate. They have no cash. They have no customers. They have no one willing to take a chance on them. That's when AMAT or another leader is able to move in and work deals that normally wouldn't be possible. ... even though the prey is at a historically low valuation.

FWIW,
Ian.