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Technology Stocks : Stock Swap
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To: Dale Knipschield who wrote (16217)2/16/1999 8:02:00 PM
From: Andrew Vance   of 17305
 
*AV*-- 18 months out, I have to believe it should reach its $24 IPO price. Today's AMAT earnings report was very upbeat and they were starting to see both capacity and technology buys. Furthermore, they discussed the stabilization and $10 pricing for DRAMs, as that sector was starting to consolidate. The conference call was upbeat for them, in the face of flat predictions for the rest of the sector. The price target is only a guess and opinion. And, it is also a conservative number since I personally think it may go higher.

Andrew
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