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Politics : Formerly About Applied Materials
AMAT 256.89-1.2%Dec 31 3:59 PM EST

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To: Cary Salsberg who wrote (1785)8/30/1996 1:52:00 PM
From: matthew legg9707   of 70976
 
Cary, Even if earnings are only 1.82 for next fiscal year the stock is worth 27 dollars plus with a P/E of 15, which is low for a tech stock. However, I think AMAT wiil exceed estimates, as demand will not stay low for much longer.Stock price will rise as market puts a fair value on stock.Company is strong. Thanks for responding to my first attempt at this. I'm in at 24 3/8 on 8/30.Good luck to all. Matt
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