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Politics : Formerly About Applied Materials
AMAT 301.11+6.9%Jan 9 9:30 AM EST

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To: roly who wrote (10091)10/31/1997 12:02:00 AM
From: davesd   of 70976
 
Roly, that all depends on what happens in the semi tool business....if the current analysts estimates are right....AMAT is undervalued. If there is a slowdown, we may see the low 20's. At this point it's uncertian what the valuation of AMAT will be in 6 months or 1 year. It's all dependant on the semi industry, which in my opinion dosen't look very healthy.

Asian markets have turned positive from earlier this evening.

dave
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