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


To: Proud_Infidel who wrote (15129)1/29/1998 12:18:00 AM
From: Gottfried  Read Replies (3) | Respond to of 70976
 
Brian, Today's Barron's Weekday e-mail is bullish on AMAT...
Excerpt:

Hambrecht & Quist analyst Gus Richard,
who classified himself as a bear on Applied about six months ago, says he has
recently done an about-face and is "growing really excited" about the stock.

Although he has not yet upped his neutral rating on Applied, he says that all
the fundamentals that would prompt an upgrade are there, and it's merely a
question of timing. "Managers should be using this weakness to build a
position," he argues, claiming that Applied's stock could go as high as 60 in
the next 12 months.
In fact, the stock rose 1 15/16 Wednesday to close at 32
_, as Nasdaq rallied.


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