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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (16370)5/22/2001 9:54:27 PM
From: Alastair McIntosh  Read Replies (1) of 30051
 
Zeev, you are always the optimist. AMAT in the mid 30's would imply a price/sales of 4. Traditionally it has had a PSR of 1 to 3. I would not be surprised to see a price in the mid 20's which would give a PSR of 3 which is the top of its old range. This is based on estimated revenues of $7.25 B for the year.
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