James Morgan Quotations

Semiconductor manufacturers remain cautious but continue to invest in advanced technologies, as they balance their need to develop the most advanced process capabilities with the uncertainties in the global economy and the impact of near-term weakness in chip demand,

Most of these (pit bulls) you are banning (are) loving family pets.

We are extremely pleased with our record performance this quarter. We believe the market for semiconductor equipment may double over the next five years.

We are extremely pleased with our record performance this quarter,

I think it's a joke, ... I thought this was a free country, and someone is telling me they are going to come destroy a member of my family.

I think it shows how many agencies United Way is involved with and the breadth of their support for these agencies,

Our industry, I think, is in pretty good shape. There's a big requirement on a global basis to move to the smaller line widths for the next round of chip sets, ... ?But clearly we are seeing up-ticks in Korea, Taiwan, Japan, Europe and the United States.

Our team has done a great job. They're working hard on a global basis to be a world-class company, and we have made a lot of investments in information age projects, ... For example, we spent about $150 million to upgrade our telecommunications and upgrade our information and business processes. So, we see productivity improvements will help us and we see a lot of companies making that kind of investment.

Our business environment changed dramatically around us in the course of just a few weeks.

Our record results reflect customers' investments in expanded capacity to meet increasing semiconductor demand and in advanced technologies to provide more powerful, portable and affordable semiconductors.

Unfortunately, the continuing downturn requires us to make some tough decisions to align our operations with current levels of demand for semiconductor equipment,

While it may seem objectionable to some that a state official would organize and sponsor a fundraiser, and invite to that fundraiser individuals who do business with the state agency with which the official is associated Wisconsin statutes do not prohibit or restrict those practices.

What is important for Applied Materials is to prepare for change and focus on building a great global growth company.

Uncertainty in the economy is dampening the ramp in our industry and caused our orders to be lower than expected.

Due to ongoing economic weakness and geopolitical uncertainties, customers deferred capital expenditures, causing a larger order shortfall than expected,

Our customers are kind of working off their inventories and also are putting in place the newer chips,

It looks like at least a six-month slowdown,

Strong global demand for semiconductors is driving our customers to increase and accelerate their year 2000 capital spending for expanded capacity and more advanced technologies, ... We expect increasing demand for semiconductors to continue throughout 2000, driven by the growth of applications in telecommunications Internet-related and consumer products.

The continued weakness in DRAM (dynamic random access memory) prices, driven by excess capacity, combined with recent financing difficulties in Asia, are causing many of our DRAM customers to reevaluate their capital spending plans,

The emerging industry transition to 300 mm wafer processing, combined with continued growth of 200 mm applications, provides a tremendous opportunity for Applied Materials to supply technologies that will enable our customers to deliver on the promise of the Information Age,

The Ethics Board believes that statutes should prohibit this activity. In fact, the Ethics Board has previously endorsed legislation to that effect.

The industry outlook continues to be positive, ... There are significant capital investment requirements in 0.18 micron capacity for Internet, communications and digital devices.