Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.17

-1.4%

Nov 7 9:30 AM EST

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To: michael97123 who wrote (65018)	7/24/2002 5:40:26 PM
From: Jacob Snyder	Read Replies (2) of 70976

re: Where will averages be 3 years out and 5 years out? I'll tell you that (+/- 75%), if you first tell me what interest rates and earnings growth we'll see in the interim. We could hold a betting pool, to guess when the Nas sets new all-time highs. 2011, is my guess. That's based on 15%/year growth in the Nas, which means 9+ years is required for a quadrupling from 1290 to 5132. Nice start, today. Now we just need 9 years of follow-through. Feel better now?

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