Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 261.26

-0.2%

12:36 PM EST

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To: Math Junkie who started this subject	4/28/2003 11:28:04 AM
From: Cary Salsberg	Read Replies (2) of 25522

Anyone have any comments? 8:04AM Applied Materials cut to Underperform at First Albany (AMAT) 14.19: First Albany downgrades to Underperform from Neutral, saying they believe there is a strategic divergence between the co and its customers, as many of AMAT's growth initiatives seem to detrimental to its customers; firm believes that the co's mkt share in the overall front-end equipment sector has peaked and is poised to decline, and expects few of the co's strategic alternatives to grow revenues will pan out. "strategic divergence", "detrimental", what are they talking about?

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