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

To: Joseph J. Clark who wrote (28665)	2/28/1999 1:10:00 PM
From: Henry Eichorszt	Respond to of 70976

From S&P Comstock 2/26/99 10:45 am... APPLIED MATERIALS (AMAT 59) DOWN 4-3/4, GERARD KLAUER TIES DROP TO WEAKNESS IN TECH STOCKS, UPGRADED TO BUY FROM BEFORE MARKET OPEN THIS MORNING... Analyst John Geraghty tells MarketScope other tech stock down, e.g., CPQ, INTC, MU, in what he believes is correction... Does not think anything has changed in AMAT's business which he says is strengthening... Says AMAT is probably six months into 2-1/2 year cycle of strengthening business... Raises $0.85 FY 99 (Oct) EPS estimate to $0.97, $1.75 FY 00 $2.04... Has $85 12-month target./B.Brodie