Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

3:59 PM EST

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To: matthew legg9707 who wrote (1783)	8/30/1996 12:12:00 AM
From: Cary Salsberg	of 70976

Matt, Concensus earnings estimate for the next 12 months is $1.82 and falling. Most likely, the bottom has not been reached. The base is the post earnings rally and it is pretty feeble. What AMAT is worth is less important than where its stock price is going. I am long AMAT for the long term and I am prepared to buy more at $22 and $15. I believe I will see $22, but $15 is a worst case scenario. Cary

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