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

To: Ramsey Su who wrote (24484)	9/20/1998 11:16:00 PM
From: Fortinwit	Respond to of 70976

Ramsey: AMAT quarterly break-even point However, he (Joseph Bronson, chief financial officer at Applied Materials) warned that chip demand might not ever return to its previous historical growth rate. He also noted that Applied's recent cost-cutting moves, which included some steep layoffs, had reduced its quarterly break-even point to about $600 million in sales. Applied, he says, was "drawing a line in the sand," and wouldn't make further cost cuts. Hmmm. Was Bronson effectively preparing the Street for the possibility that Applied could drop into the red? We'll see. interactive.wsj.com I think this was also part of last qtrs CC.... just had to find a citation to back up my earlier statement... F. PS: I find DPMI and ESIO's latest warnings as particularly bad news given that these companies have an involvement in the area of die shrinkage...