Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 328.51

+1.9%

3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (4622)	5/18/1997 12:44:00 AM
From: Big Bucks	of 70976

Tito, Your logic is on target about investor sentiment and that sentiment may push the stock higher but the fundamentals still suggest some moderation. Since I posted to you last several things have occurred concerning AMAT that were not factored into my $60-65 June/July price target. AMAT settled with NVLS for an additional $80M cash plus future royalties on the TEOS litigation which boosts the stock value in the 3rd qtr as well as the $182M TSMC order (which will overlap the 4th qtr '97/1st qtr '98 fiscal year). Am I bullish on AMAT? you bet, I've been with the company for 15 years and have benefitted tremendously from its' growth by investing in it. The best is yet to come!!! My prediction: ~$85 in Aug/Sept ~$65-70 in Oct/Nov $110 in January 98, Split in early March 98 BB

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