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Politics : Formerly About Applied Materials
AMAT 230.92+3.1%Nov 24 3:59 PM EST
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To: Paul V. who wrote (63902)5/18/2002 3:54:54 PM
From: Jacob Snyder  Read Replies (2) of 70976
 
Why aren't you using the real (split-adjusted) stock prices? That would be a better way to compare different peaks and troughs.

Another column, showing the P/S ratio, or the PE based on cycle-peak EPS, would show what investors were willing to pay for AMAT, at each cycle peak and trough. The absolute stock price doesn't mean much.
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