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Politics : Formerly About Applied Materials
AMAT 242.41+5.0%Nov 25 3:59 PM EST

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To: Gottfried who wrote (39913)11/23/2000 1:33:01 PM
From: Proud_Infidel  Read Replies (2) of 70976
 
I heard Fleckenstein say that if INTC was priced as LU is(P/Book ????) it would be trading at 8. These guys have had a 46% decline(on the Nas overall) and are STILL not happy. Sick people IMO.

One thing is certain....the pendulum will swing the other way eventually for stocks with strong fundamentals. The million dollar question is when.

Brian
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