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

To: Jacob Snyder who wrote (21557)	7/11/1998 2:30:00 AM
From: Vartan	Read Replies (3) \| Respond to of 70976

Jacob, < Last quarter, Applied Materials earned $141 million, or 37 cents a share, on sales of $1.1 billion. In the third quarter of 1997, it made $186 million, or 49 cents a share, on sales of $1 billion. > Am I missing something? On sales of 850 billion profit will be 158.1 mil. or 41.65 cents a share. OK, let's say there are few more shares outstanding, profitability will be slightly less, but -....? Where am I wrong? Other thought: It seems to me, that the only issue everybody on this thread agree is that the turnaround is inevitable, the only variable being the date. I'm not so sure about it. Cyclical it is, but there are so many macroeconomic and macrosocial events that might be of great influence, especially taking into consideration time frame we are talking here (12 - 18 months), that one just cannot say: "Oh, I know, I'll make 200% on it in the next three years". Too far. Just midnight banter. VH

To: Jacob Snyder who wrote (21557)	7/11/1998 11:29:00 AM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Jake, RE: Fifteen of the 21 institutional investment firms following the stock maintain either a "buy" or "strong buy" recommendation. Let's see how many of the 15 change their rating on AMAT and the rest of the Semi's next week. When 12 of the 15 change their rating to hold or neutral then we will be dragging along the bottom,IMHO. After the funds unload and the price drops 20+% from Fridays close it will be time to back up the truck and load up for the long haul. Just my opinion, BB