Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.90

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Dec 26 9:30 AM EST

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To: michael97123 who wrote (59628)	1/29/2002 3:58:24 PM
From: Sam Citron	Read Replies (1) of 70976

Let's put it this way. Scandals like Enron tend to have a cleansing effect on the system but the investigations will go on for years. It's just the beginning. Every sell-side analyst on Wall Street faces a massive conflict of interests. The ghosts are just beginning to come out of the closet. The emperor has no clothes and quality of earnings is coming under intense scrutiny. I no longer know if AG is going to be able to assuage investor fears tomorrow.

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