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

To: Paul V. who wrote (22416)	8/2/1998 5:51:00 PM
From: John L.	Read Replies (2) \| Respond to of 70976

AMAT will probably double in value as soon as this downturn is confirmed to be over, 9-18 months seems realistic given current conditions. Japan and SEA could speed up or slow down the time frame, Europe and the US running into problems could cause the cycle to last a long time. Morgan predicted a $10B company in the year 2000, this was last year when everything looked like roses. I think Jim Morgan has a good vision of AMAT's future and it will happen, the question is when. I don't want to miss the up cycle, but I also would rather make some money somewhere else if things are going to be down for a few more quarters. Investors who buy and don't care short term will most likely be very happy next year at this time. Chips are in everything now or they will be soon, I see nothing with the potential to replace the IC so long term this seems to be a no brainer investment. I think a stock split and a price of $100/share by the year 2002 is reasonable and not overly optimistic.

To: Paul V. who wrote (22416)	8/3/1998 11:14:00 AM
From: Teri Skogerboe	Respond to of 70976

Paul, Re: "have car loads of AMAT in my IRA, with a present approx. 100% gain since Oct 96. I am amortizing $$$ from my IRA without penalty prior to 59 1/2 therefore I wanted to be at the top of Tito's step but agree with Big Bucks that AMAT may pull back. I just needed cash available for my cash payment out of my IRA to my Trust. Cash flow my fine lady.<G> Cash flow:) The rest I am leaving like Lester E. to grow over the next two plus...." Oh, I see now where you're coming from... Makes sense to me. Regards, Teri