Applied Materials No-Politics Thread (AMAT) Message Board

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

AMAT 329.07

-2.2%

Feb 10 3:59 PM EST

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To: Proud_Infidel who wrote (7158)	9/15/2003 8:09:18 AM
From: Proud_Infidel	Read Replies (1) of 25522

In chip equipment, Applied Material (AMAT: news, chart, profile) was last at $21.59, up 3 percent. Merrill Lynch overnight raised its ratings on chip equipment makers Applied Materials and Kulicke & Soffa (KLIC: news, chart, profile) to buy from neutral. "Our supply vs. demand analysis shows an increased likelihood for industry growth in excess of 25 percent in 2004 with the potential for a follow on growth year in 2005. Rising utilization rates, soft orders, and chip design activity support this view near term," the broker said. marketwatch.com

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