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

To: blake_paterson who wrote (25751)	10/26/1998 10:48:00 AM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Blake, [edited] an article on bearish tech analysts mercurycenter.com And for balance exchange2000.com G.

To: blake_paterson who wrote (25751)	10/26/1998 12:43:00 PM
From: blake_paterson	Read Replies (2) \| Respond to of 70976

As I reviewed AMAT's SEC filing last Friday, this language jumped out at me (my emphases): <<The one-time charges primarily consist of pre-tax restructuring charges of approximately $50 million for employee severance and benefits from the recently completed reduction in force and $50 million for consolidation of facilities and related fixed assets, AS WELL AS A $70 MILLION PRE-TAX WRITE-DOWN OF INTANGIBLE ASSETS THAT ARE DEEMED TO BE IMPAIRED and a $65 million reserve regarding a doubtful receivable obtained in connection with the settlement of patent litigation with ASM International, N.V.>> Doesn't bode well at all for their "forward vision" @ present... BP