Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 260.77

+0.2%

9:30 AM EST

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To: Paul V. who wrote (27406)	12/24/1998 9:56:00 AM
From: Tito L. Nisperos Jr.	Read Replies (1) of 70976

Paul V, When does IBD "expect AMAT's price to be minimally from $50 3/8 to $57 1/2?"... Anyway, because of the 20 - 25% increased popularity of the stock from 2 years ago, we could expect AMAT to trade higher than 1996 and 1997 prices (in the 40s about 10 dollars higher). So, at the next earnings report in Feb, AMAT should be at 60 or above... Do you see the stock trading higher than I outlined --- at that time? (one reason the stock is more popular than ever is because of AMD's becoming a strong contender again; more competition among Chip Makers is Good for AMAT)...

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