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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Gottfried who wrote (34959)4/24/2000 12:08:00 PM
From: Lester e.  Read Replies (1) of 70976
 
in my opinion AMAT stock is cheap. It may get a little cheaper. I expect it to go to 150 by the end of the year. At that time I expect another split to be announced and the stock will move up to 200.

I base this on projected growth in earnings in 2000 and extraordinary capital spending in semi conductor industry. High tech is not going to go away.

This bust makes buying and holding a must.

Trade at your peril.

Hold for riches.

Just the opinion of the oldest guy on this thread who has been here for a long time.

Lester e,
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