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Politics : Formerly About Applied Materials
AMAT 254.72+0.9%3:59 PM EST
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To: Ian@SI who wrote (39997)11/26/2000 8:52:08 PM
From: Math Junkie  Read Replies (2) of 70976
 
Flat bookings, if continued, would mean that the only potential sources of earnings growth would be price increases and reductions in cost. What PEG would Wall Street consider to be justified under those circumstances? I sure don't know, and I don't think anyone else knows either. The fact that the postulated flat bookings would be a record would be small consolation in the face of such uncertainty.
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