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

To: Gottfried who wrote (40720)12/11/2000 11:39:06 PM
From: Tony Viola  Read Replies (1) | Respond to of 70976
 
Brian, thanks for the article. It quotes >"The up-cycle will continue for the next three years," said George Perlegos, Atmel's chief executive officer.<

>>Wow, that's even longer than the optimists predicted almost a year ago.

Would probably be taken as bad news and start a semiconductor selloff because right now we're in capitulation mode, i.e., semis are screwed, but there will be another cycle. Better to admit defeat now and move on. I'm actually only about 30% kidding.

Tony



To: Gottfried who wrote (40720)12/12/2000 10:39:38 AM
From: Proud_Infidel  Read Replies (2) | Respond to of 70976
 
Applied Materials Estimate Cut at Lehman Brothers
12/11/00 2:34:00 AM
Source: Bloomberg News

Princeton, New Jersey, Dec. 11 (Bloomberg Data) -- Applied Materials Inc. (AMAT US) was maintained ''buy'' by analyst Edward C White Jr at Lehman Brothers. The FY01 estimate was cut to $3.05 from $3.50 per share. The 12- month price target was cut to $90 from $121 per share.


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