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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (7438)	10/7/2003 12:45:15 PM
From: Gottfried	Read Replies (2) \| Respond to of 25522

8:45 am PT Applied Materials upgraded to Neutral at First Albany (AMAT) 19.45 +0.14: -- Update -- First Albany upgrades to Neutral from Underperform based on their belief that order momentum is set to accelerate in the near future and that the stock will perform well with positive news flow; however, firm says valuation remains an issue, and they believe that the spike in orders will be short-lived and that capital intensity is declining for the semi industry on a secular basis. Target is $20. Information provided by Briefing.com