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Politics : Formerly About Applied Materials
AMAT 235.24+4.5%3:59 PM EST
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To: Ian@SI who wrote (27910)1/29/1999 12:27:00 PM
From: Henry Eichorszt  Read Replies (1) of 70976
 
From Brief-Applied Material Inc. (AMAT) 63 +4: --UPDATE-- Salomon Smith Barney
maintains "buy" rating on semiconductor equipment maker, but raises
price target from $55 to $72 as firm believes that AMAT is closing a
very strong Q1 bookings quarter; while Q1 guidance of $600-$675 mln was
low, believes consensus is $750-$775 mln and AMAT could report bookings
between $800 mln and $950 mln; while company likely to smooth out its
bookings, conference call should contain enough positives to support
higher stock price; company not due to report until the middle of
February.....
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