Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

Nov 26 3:59 PM EST

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To: Paul V. who wrote (31903)	8/13/1999 3:13:00 PM
From: Math Junkie	Read Replies (3) of 70976

<<Orders, and the early AMAT run up of the stock appear to be on track but currently the Price is not keeping up as in the past. I do not know why the uncertainity now?>> On this date in 1997, the P/E ratio was about 41, and now it is about 96. That might have something to do with it. On the other hand, if you take the earnings from the May quarter and annualize it, you get a P/E of 46 on 8/13/97, and about 47 today. So everything depends on expectations going forward.

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