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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (31015)	6/14/1999 10:49:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Brian and all who are not certain, from the story you posted >>The worldwide semiconductor industry will enjoy double-digit growth in 1999 for the first time since 1995, and should sustain that growth well into 2002, according to a revised forecast by the Semiconductor Industry Association (SIA), presented here last week.<< Lest we become too comfortable, I went back to October 1997 and picked some posts. A couple are mine, showing how foolish I was. By Oct. 30.1997 AMAT was ~40% off its peak. Oct 2.1997 Message 2337008 A Value Line Guy, on CNBC, estimated AMAT's price at 121 to 130 based on 1998 earnings. Message 2336967 Message 2340926 Another clue may be that they said they were having AMAT employees work OT just to meet production schedules in the last CC. Message 2348690 Message 2392342; Tito, from 1650 HOT JOBS to 2005 in a few days is good news! GM <eom> Oct 10.1997 Fortune article:'hottest stock' Message 2408789 Stephen, thanks! If I should ever doubt, I'll just reread the article. GM Message 2410948 Oct 14.1997 I cannot believe the scared mentality!!! This is the best time to buy AMAT and it will close strong as word trickles out INTC earnings are robust. Message 2441468 Semiconductor International Gives Best Product Award to Applied Message 2450693 LEHMAN 10/15/97 AMAT -reit strong buy Message 2452231 Oct 16.1997 Japan's IC equipment sales pick up, says Applied's subsidiary president Message 2461984 This AMAT sell-off has me a bit concerned. The stock hass slipped to $45 3/8 Message 2464847 But analysts pointed out that September is historically one of the slowest months for capital equipment and in October, order rates should show sequential growth again. Message 2465847 Gottfried