FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (1073)	6/21/1997 8:08:00 AM
From: Joe Dancy	of 2754

Kent - Interesting article on Applied Materials. Thursday's Wall Street Journal featured the "All Star" Analysts. David Wu, three time All Star and top analyst in the semiconductor sector (up 100% last year) noted his picks: "He [Wu] also likes semiconductor equipment maker Applied Materials. The equipment stocks haven't done much yet [no kidding] because chip makers are only beginning to expand capacity and order new equipment again. But Mr. Wu expects Applied Material to grow past $100 a share (from a recent $40 or so) as it gains market share over struggling rivals." Looks like some experts predict a turn around here or at least an increase in orders, at least for some companies. Best - Joe

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