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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST
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To: 16yearcycle who wrote (19935)6/5/1998 12:02:00 AM
From: Big Bucks  Read Replies (2) of 70976
 
Gene,
And what would be the chances that AMAT wouldn't use some of that
cash it has in reserve to vigorously buy back shares to reduce the
amount available in the float. Do you think that would support the
stock price above $20? Remember the officers of AMAT have lots of
shares in their portfolio's (according to the annual report) and they are losing money as the price drops also. I can't see them letting
the price drop too low, after all they are trying to maintain
"shareholder" value.8^)
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