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To: Darryl Olson who wrote (23393)10/28/1999 2:04:00 PM
From: Darryl Olson  Read Replies (1) | Respond to of 25960
 
RESEARCH ALERT - Applied EPS view raised

NEW YORK, Oct 28 (Reuters) - Credit Suisse First Boston analyst Elliott Rogers
raised his outlook for earnings per share at semiconductor equipment maker Applied
Materials Inc. Thursday.

-- In a report, he raised the estimate for fiscal 1999 to $1.73 from $1.72. Rogers
boosted his outlook for fiscal 2000 to $3.05 from $2.85.

-- He set a fiscal 2001 earnings estimate of $4 a share and a $100 target price.

-- Rogers said business prospects were improving and the company likely would guide analysts' outlooks higher next
month.

-- Applied Materials reports fourth-quarter earnings Nov.
17.
-- Shares were trading up 2-15/16 at 82-1/4 at midday.