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Politics : Formerly About Applied Materials
AMAT 317.97-2.8%Jan 20 3:59 PM EST

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To: Henry Eichorszt who wrote (31782)8/9/1999 10:21:00 PM
From: John O'Neill  Read Replies (3) of 70976
 
<<Morgan Stanley Dean Witter analyst Steven Pelayo expects Applied to post a strong quarter. He estimates that Applied will earn 53 cents a share, in line with the First Call consensus estimate. >>
Isn't it amazing how all these highly paid analysts are always wrong....i can tell you that amat will earn more..more that .53 cents per share.....It's almost like a little children's game here...beat the expectations......does ANYONE on this thread honestly believe that Steven or Dean Witter REALLY expects amat will earn only.53?...or do you think he is just a pawn in the analyst game...a game encouraged by the companies to lowball estimates? no insult to mr Pelayo intended.....it's just that the beat the estimate game seems to have lost it's luster...and so...what will csco stock do when it "beats the estimate"?..will that encourage people to buy amat cause they think it will "beat the estimates?"

comments appreciated
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