Goldman's 12 month target is $130.00. Thanks, I've been looking for a recommendation.
I noticed the company bought a flat-panel display company. I wonder when those revenues will kick in. Last I heard there was a shortage of flat-panel displays.
Also, I noted the following report mentions AMAT favorably.
The Wall Street Transcript Publishes Semiconductor
Management Performance Report
NEW YORK, Nov. 30 /PRNewswire/ -- Three leading analysts and six Semiconductor CEOs examine the Semiconductor sector in the latest issue of The Wall Street Transcript
(212-952-7433) or twst.com
In a vital review of this sector for investors and industry professionals, this valuable 56-page report features:
1) The TWST confidential Off The Record survey (7,000 words) of management performance at 21 Semiconductor firms asked market insiders about the ability of management teams to create shareholder value. In a sector where many management teams are praised for their vision, some CEOs are criticized, while others receive top marks for their efforts.
[FROM THE REPORT]
James C. Morgan, Chairman & CEO of Applied Materials (Nasdaq: AMAT - news), is highlighted by a Wall Streeter. ``Jim Morgan is a visionary who is very highly regarded by the industry. He's been around, leading Applied Materials, since its sales were $20 or $30 million. Now they're at $4 billion. They hope to be a $10 billion company by 2003 or 2004, and it looks like they're halfway there already.
If the industry growth estimates are correct, we're going to see 50% growth in the year 2001.' |
