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


To: Proud_Infidel who wrote (38463)10/18/2000 1:01:05 PM
From: Proud_Infidel  Respond to of 70976
 
This would be funny if it weren't so utterly pathetic. Their 12 month price target lowered to $38.00?!?! Roughly 9X EPS????? I probably shouldn't even waste the space to post this drivel. Even the most Bearish on this thread have price targets well above this.

Applied Material Cut to `Hold' at UBS Warburg
By Lindsay Friedman
Princeton, New Jersey, Oct. 18 (Bloomberg Data) -- Applied Materials Inc. (AMAT US) was downgraded to ``hold'' from ``buy'' by analyst Byron Walker at UBS Warburg. The 12-month price target has been lowered to $38.00 from $90.00 per share.