Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

Nov 26 3:59 PM EST

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To: davesd who wrote (13784)	12/22/1997 4:49:00 PM
From: Paul V.	Read Replies (1) of 70976

Dave, >When you ask how much lower can they go...well in 1996 AMAT had their best ever EPS and after that they went down to $12!!! AMAT still has not beaten that quarter...if they earn 51c this quarter they will match it. I'm not saying that they will go that low...but it has happened in the past.< Please note that the actual AMAT low price was $21.625 presplit. Presplit it NEVER reached $12.00. It is confusing to some when they think that AMAT actually reached $12 presplit. Please notify new threaders that you are using post split numbers. IMHO, the reason we have not seen lower than $20 is that Wall Street is looking at presplit lows rather than post split and at the precentage off the highs which was approximately 60-21.625=63.9583%. The approximate same down percentage from the post split highs would be aroung $19.50 a far cry from your cited $12. Regards, Paul V.

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