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Politics : Formerly About Applied Materials
AMAT 249.89+3.1%3:59 PM EST

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To: 16yearcycle who wrote (44261)3/21/2001 7:53:14 PM
From: brunn  Read Replies (1) of 70976
 
The problem with using the model is that it is based on forward earnings. We now know what earnings would be achieved going forward from October 1998. Forward earnings for 2001 is another matter. Although earnings estimates for tech earnings have fallen off a cliff, they have held rather firm for the remainder of the economy and may be due for a fall.
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