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Politics : Formerly About Applied Materials
AMAT 322.31-5.6%Jan 30 3:59 PM EST

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To: Terry D who wrote (4940)5/29/1997 11:58:00 AM
From: Teri Skogerboe   of 70976
 
Terry, Thanks very much for your thoughts!
this news clip is dated 05-14-97......does anyone here happen to know H & Q's target price?
"Hambrecht & Quist said its analyst Gus Richard raised his estimates for Applied Materials Inc after the company reported fiscal 1997 second quarter results that were $0.05 ahead of Hambrecht's forecast for that period.

In a statement, Richard said he raised his third quarter fiscal 1997 estimate to $0.67/shr from a previous $0.62. He raised his fiscal 1997 estimate to $2.46/shr from $2.15 and fiscal 1998 to $3.26/shr from $3.10.

Richard raised his fiscal 1997 revenue estimate to $3.85 bln from $3.67 bln. He maintained a fiscal 1998 revenue estimate of $4.75 bln, as well as a buy rating on the stock."

12:15 05-14-97
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