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Politics : Formerly About Applied Materials
AMAT 313.06-4.7%2:51 PM EST

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To: Ramsey Su who wrote (22930)8/12/1998 4:17:00 PM
From: Proud_Infidel   of 70976
 
Ramsey,

Re: However, the consensus for FY99, ending Oct 99, is still around
$1.20ish.


Consensus going forward is really meaningless. When things do turn(and they will) there will be new orders coming seemingly every day, new fab openings, and a constant racheting up of eps estimates. The current eps estimates for 99 are useless. If JM came out and said so(zero visibility), what makes you think the analysts are correct, or even close?

BK
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