Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: EACarl who wrote (4752)	5/22/1997 12:43:00 AM
From: Ronald D. Engelkes	of 70976

Eric, Recent, more informed estimates for 98 are about 3.85 - 3.90 and rising. See exchange2000.com for the upgrades. Also using a PE of 20 at this point in the cycle, considering guidance from the company in the range of +30% compounded annual growth rate for the coming years, is a little low. But no matter how you figure it, you will probably under-estimate the tech revolution underway. Ron E.

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