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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: Proud_Infidel who wrote (42883)3/1/2001 4:10:55 PM
From: Jerome  Read Replies (1) of 70976
 
The price target is $29.00 per share.

Not surprising. I believe that these ar the same analysts that have a target price of $18.00 per share on MU.

If you look how far SUNW, ORCL,CSCO, DELL, and INTC have fallen, you could justify the extrapolated price of AMAT to $29.00 per share.

I hope that all of the above stocks rally, because if the bell weathers of the Nasdaq don't rally the semi-group will likely go nowhere.

Jerome (who is neither cultured or biased... just ornery)
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