Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.87

+4.6%

Jan 2 9:30 AM EST

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To: davesd who wrote (13245)	12/15/1997 9:28:00 AM
From: Chi-X	of 70976

Tech Stocks: Various brokerage firms cutting their ratings on major chip equipment names. For instance, BT Alex. Brown is downgrading AMAT, VECO, and LRCX to "neutral." Downgraded to "hold" from "buy" at SoundView Financial were NVLS and AMAT, due to slowing PC growth. DMG lowers its FY97 Intel estimate to $3.50 a share, which is 7.7% below the current First Call mean view.

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