Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 260.77

+0.2%

Dec 24 12:59 PM EST

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To: dr_elis who wrote (63023)	4/19/2002 12:18:20 PM
From: Cary Salsberg	Read Replies (1) of 70976

XLNX price started the day at ~92 times the quarterly earnings annualized (* 4). Their results, prospects, and guidance are good, but the market is just "selling the news" because of valuation and possibly option expiration. I was hoping to buy more and sell covered calls at ~$38 and I just missed before this recent rally.

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