Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 284.31

+5.8%

Jan 5 3:59 PM EST

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To: Alastair McIntosh who wrote (56661)	11/30/2001 9:15:37 AM
From: michael97123	of 70976

Al, In your scenario, which is a reasonable one, the only bright short term prospect for amat is a continued market rally fueled by excess liquidity. In that scenario amat becomes a value tech stock and this quarters results will be overlooked and the market will focus on the 13 billion-20 billion down the road. I am thinking naz will get to jacobs 2080 but may have more trouble than i had thought getting back into 2100-2300 old trading range. Nas at 2080 gives us amat at 45 or so. If we fall from that point your $30 price seams reasonable as a low. mike

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