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Politics : Formerly About Applied Materials
AMAT 301.88-1.0%3:59 PM EST
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To: Alastair McIntosh who wrote (42717)2/26/2001 3:43:21 PM
From: Wildstar  Read Replies (2) of 70976
 
>>>In the past AMAT traded at a price/sales ratio of 1 at the bottom of its cycle. The normal price/sales ratio at the top of the cycle was 3.<<<

Not true of the last bottom in 1998. I believe AMAT bottomed at PSR of ~3.
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