Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 297.52

-6.6%

Feb 4 3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (9029)	10/20/1997 12:00:00 PM
From: BOGEY	of 70976

Tito: Yes...Robertson Stephens downgraded AMAT on last Friday to long term attractive from BUY "without changes in earnings estimates based on the stock price"...but by then AMAT was down 28% from the high. On the previous Monday Ron Elijah manager of the RS Info Age fund stated he was bullish on the Semi eq. makers in which he had his #4 largest position in AMAT (old info from RS's last report)...would be interesting to know if they were selling into pre split rally and are now buying after the downgrade....Regards, Bogey

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