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,

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

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.

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.

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

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.

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

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

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.

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.