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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dave Shares who wrote (15065)6/2/1999 8:22:00 AM
From: Souze  Read Replies (1) | Respond to of 43080
 
ASTX - Applied Science andTechnology Inc. - may get a boost today, on news, although it rose 7/8 yesterday on what I guess was a news leak. Caveat: I'm long ASTX.

WOBURN, Mass., June 2 (Reuters) - Applied Science and
Technology Inc. said Tuesday it had signed a a three-year
supply agreement with Applied Materials Inc. (NASDAQ:AMAT) worth up
to $142 million.
The production technology provider for the manufacture of
semiconductor devices said in a statement that the agreement to
supply a broad range of semiconductor sub-systems was its
biggest contract so far.
The deal "reflects estimates of up to $142 million in
business over the three-year term," it said.
Applied Science provides reactive gas processing solutions
and specialty power sources to the semiconductor, electronics,
medical, and industrial markets.
The shares closed Tuesday at 15.

Copyright 1999, Reuters News Service