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

To: Proud_Infidel who wrote (33551)	12/24/1999 4:35:00 AM
From: Mephisto	Respond to of 70976

AMAT's 12 month target price raised to $150. It's about time analysts caught on to AMAT's bright future! Cheers, Mephisto "ABN AMRO said Wednesday it had raised its rating on semiconductor wafer fabrication equipment maker Applied Materials Inc.(NasdaqNM:AMAT - news) to buy from outperform, saying the market for wafer equipment in 2000 should be much stronger than originally expected. -- raised its fiscal 2000 EPS estimate to $3.80 from $3.30, which compares with earnings of $1.80 a share in fiscal 1999. -- raised 12-month price target on Applied Materials to $150 from $125.