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Politics : Formerly About Applied Materials
AMAT 262.44+0.6%2:40 PM EST

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To: Murti Gajjala who wrote (13130)12/12/1997 1:51:00 PM
From: Tech Buyer  Read Replies (1) of 70976
 
>>With earnings estimates in $2 range, we can hope it will NOT go down any more.<<

It's amazing how future uncertainties can affect stock prices. Earlier this year, this thread was saying that when the consensus FY 98 estimate reaches $4.00 (or $2 post-split), it would support a stock price of $100 ($50 post-split.) Now that the company itself gave guidance of more than $2 post-split, we're only hoping that the stock can stay above $25.

I added 10 LPJAD (Jan 2000 Call 20) @ 13 7/8. Expect to buy more if AMAT drops to the low 20's.

TB
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