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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (67593)2/14/2001 12:26:05 PM
From: Mark Adams  Read Replies (1) of 436258
 
It's a cyclical. PEs low at the peak earnings (6 months back) and high at the bottom. These companies know how to navigate slowdowns and come out stronger. Yeah, it may trade at half what it is today. And the forward looking statements are grim.

The k winter is the only thing that will seriously derail AMAT for investors with a 5 year horizon.
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