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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST
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To: Cary Salsberg who wrote (38874)10/26/2000 9:08:17 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
re: a AMAT/ASML merger could eventually capture 70-80% of the market.:

Wonder what the Justice Dept. would think of that? We know they are sniffing around AMAT already.

I remember some straight-line extrapolations, on MSFT (back when it was a MustOwn stock), which took the previous growth rate (in the stock and/or EPS), the current PE (and/or stock price), and extrapolated out a few years, ending up with a market cap bigger the the U.S. GDP. And lots of people took those calculations, and those future stock prices, seriously. Fewer, today.
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