Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.28

+0.8%

3:59 PM EST

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To: Cary Salsberg who wrote (44845)	3/31/2001 10:57:46 AM
From: Math Junkie	of 70976

Based on Thursday's close, the P/E of the Nasdaq 100 appears to be 100, based on adding individual stock prices and dividing by total earnings. This would be even higher if it were based on forecast earnings. Note also that when P/Es of the 81 profitable companies are ranked from highest to lowest, AMAT is 7th from the bottom. This seems to support the idea that AMAT's relative strength has been justified. eufinancial.com eufinancial.com eufinancial.com That having been said, I do admit that earnings forecasts can and do change.

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