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Politics : Formerly About Applied Materials
AMAT 301.11+6.9%Jan 9 9:30 AM EST
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To: Proud_Infidel who wrote (9092)10/21/1997 2:19:00 PM
From: fedhead  Read Replies (3) of 70976
 
Companies like Coke and Microsoft consistenly deliver 15 % in case
of Coke or 30 to 50 % in case of Microsoft. AMAT on the other hand
depends on the boom and bust cycles of the semiconductor industry which is why it trades at a lower multiple and will always do so.

Anindo
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