Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 240.80

+4.6%

Nov 5 3:59 PM EST

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To: Henry Eichorszt who wrote (30895)	6/9/1999 12:53:00 AM
From: Gottfried	Read Replies (2) of 70976

Henry and all, CBS Market Watch explains all: NEW YORK (CBS.MW) -- Investors sold hardware issues Tuesday after Donaldson, Lufkin & Jenrette analysts cut their earnings estimates on major personal-computer companies due to concerns that fourth-quarter sales will slump because of Y2K concerns. Also... Meanwhile, chips faired better after Warburg Dillon Read released positive comments on KLA-Tencor, Applied Materials and Novellus. But the projected 12 month target prices are anemic. At least the target period was mentioned. cbs.marketwatch.com Gottfried

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