Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.66

+1.2%

3:59 PM EST

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To: Jacob Snyder who wrote (21746)	7/14/1998 12:06:00 AM
From: Gottfried	Read Replies (1) of 70976

Jacob, I have been impressed with your perceptiveness in the past. Your admission of surprise, if anything, strengthens your reputation. Normally I don't like to make price predictions. Here's the exception to the rule: I expect AMAT to stay in a trading range between 26 and 38 till year end. In mid-December it will probably be near where it is now. (learned that from Big Bucks). As for Brian maybe being right: we all have the same evidence in front of us, but perceive it differently, according to our hopes. That's human. AMAT is better known in the investor community now than it was in 1996. The mantra that in 2-3 years it should more than double has become folklore. Maybe that's what is keeping the price up - against cold logic. Gottfried I'll e-mail an article about Intel.

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