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Politics : Formerly About Applied Materials
AMAT 289.91-9.0%2:11 PM EST

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To: Teri Skogerboe who wrote (8165)9/25/1997 2:48:00 AM
From: Paul V.   of 70976
 
Teri,this report by Jeff, corroborates what we have been getting from sources, Tito, Big Buck, etc. regarding this quarters earnings and the following quarter ending Jan 31, 1998. If the earnings just track the BTB averages which Gottfied has posted, conversion to the 64 RAM chip which seems to be in the offering, FY 1998 could be a very good year. Didn't MicroElectronics state that one of the big reasons that their earnings were down was the fact that 16 Ram chips were no longer in demand? Could this mean that the conversion may be far faster that what we imagined? Just my .02.

Paul V
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