Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.51

+6.1%

Feb 6 9:30 AM EST

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To: William L. Oppenheim who wrote (7969)	9/15/1997 4:00:00 PM
From: Lester e.	of 70976

My prognosis of AMAT is based on watching the many splits of this stock over a period of 30 years. Since February 1991 there has been 3 stock splits. If you bought the stock then and held the stock, you would have a cost basis of about $2.50 per share after the current split. As I recall, after each split, there was a slight retrenchment and then the stock took off again. This is a growth company in the finest sense of the word. This is a leader in an industry still in its infancy. But, some illustrative figures, why I think there will be a signifigant rise in the stock by the end of the year. The demand for advanced 0.25 micron and below will be filled by the leader, AMAT. AMAT has a broad range of technologies for 300mm wafer processing and has already shipped 300mm Epi and RTP systems and have many other products in advanced stages of development If you are a chipmaker and want to modernize your product, you are most likely to go to the leader, AMAT, for help. Most of my figures come from the company report. From what I have stated, I think 120 by the end of the year is a good bet. You may disagree, but that is why we have horse races. Lester e.

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