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Re: Teri Garner post# 88009

Monday, 03/17/2003 4:05:14 PM

Monday, March 17, 2003 4:05:14 PM

Post# of 704019
16:05 ET Applied Materials to cut 14% of workforce; will take pre-tax charge of $425 mln (AMAT) 13.13 +0.76: Expects to reduce the company's costs by approximately $60 mln in Q3 to a target of approximately $100 million by Q1 of FY04



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