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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 301.11+6.9%Jan 9 9:30 AM EST
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To: BWAC who wrote (6741)8/13/2003 7:22:08 PM
From: Lizzie Tudor  Read Replies (2) of 25522
 
Let me remind you. Take the 5 year period of 1998 thru 2002. AMAT average earnings (without charges) was 55 cents per year. This included the bubble and the bust. Average was 55 cents.

I'm sure amat and most tech companies will earn much more this cycle than during bubble peak, due to offshoring.

Cisco is the best example of the trend, people are dumbfounded as to where their profit is coming from. It is because they offshored half the company. Amat, same deal.
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