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To: Curlton Latts who wrote (14559)2/11/1998 1:45:00 PM
From: TideGlider  Read Replies (1) | Respond to of 25960
 
So will you call or write the company??

TG



To: Curlton Latts who wrote (14559)2/11/1998 2:36:00 PM
From: TideGlider  Respond to of 25960
 
Wednesday February 11, 1:22 pm Eastern Time

RESEARCH ALERT - Applied Materials raised

LOS ANGELES, Feb. 11 (Reuters) - Hambrecht & Quist LLC raised its rating on Applied Materials Inc to buy from hold,
following Applied's fiscal 1998 first quarter earnings of $0.52 a share versus Hambrecht's forecast of $0.50.

-- said is raising the estimate based on strong long term fundamentals of the semiconductor equipment industry. Sees minimal
risk to sharp deterioration of current fundamentals.

-- cut second quarter estimate to $0.38 a share from $0.48, but said ''we believe this is the last material cut.''

-- shares of Applied Materials were off 1/4 at 35-3/4 by mid-afternoon.