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

To: akidron who wrote (9838)	10/27/1997 10:53:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

Akidron, Actually,this would be the ideal time for AMAT to announce a stock buy back as the stock drops below $25-30. They would be getting the stock back at about 50c on the dollar from where it split, basically a 2x proposition. They could easily buy back 20M shares which would cost about $500M and still have $700M in the bank for other uses. Of course, they would buy back at lower levels also. A buy back for AMAT would stabilize the price in a trading range, and act as a base for the next run up. Just my opinion BB