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Politics : Formerly About Applied Materials
AMAT 319.11+5.7%3:59 PM EST

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To: Cary Salsberg who wrote (35269)5/18/2000 11:17:00 PM
From: Lone Star  Read Replies (1) of 70976
 
Am I mistaken,or is AMAT's forward P/E on latest concensus forecasts about 26 or so? Hardly overpriced with current capacity/demand outlook, on-going buys also for new materials, and 300mm wave beginning. Now Cisco and other gorillas are still whacked out with forward P/E's at 60-100.
I haven't relooked at these numbers in a while so i may be off a bit.
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