Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 267.87

-0.6%

Dec 5 3:59 PM EST

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To: Proud_Infidel who wrote (33256)	11/18/1999 9:51:00 AM
From: Cary Salsberg	Read Replies (2) of 70976

OK, $4.50 in '01, $5.60 in '02; does the upcycle last through '02 or '04? If '04, then peak earnings for the cycle could be $8.00. Historically, the max PE at the top was 20 (Brian think/hopes/prays more so lets say 30). Peak price will be 20 to 30 times $5.60 to $8.00. $112 to $168 or $160 to $240. I will certainly take money off the table if/when the current 12 month targets of ~$160 is reached; the question is, do I take ALL the money off? Thanks

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