Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 253.43

+2.0%

3:59 PM EST

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To: advocatedevil who wrote (55781)	11/17/2001 10:50:30 PM
From: Tito L. Nisperos Jr.	Read Replies (1) of 70976

RE "Barrons: AMAT "Expensive by ANY measure" Barron is right --- with the price of AMAT at about 40 and its Book Value at 9.35 --- the stock is over valued at about 30 dollars/sh. That's Good! It means the stock I keep on buying is well liked and chances are it will keep on moving higher as it gains more supporters. I've watched AMAT grow always trading above Book thru the years. The reason it is popular is that it is dominant in a market that keeps on expanding. I'll be wary of stocks that are unpopular like those trading below Book. They may remain low in price and not worth owning according to my own measurement.

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