Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 254.72

+0.9%

Dec 1 3:59 PM EST

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To: SMALL FRY who wrote (14750)	1/17/1998 10:26:00 AM
From: Proud_Infidel	Read Replies (1) of 70976

Re: Smart Money article: SF, Did anyone see what they had for AMAT as a forward p/e? 22 at the price of $29.75!!!!! This would mean they are using estimates of $1.35 for AMAT for FY98. The lowest projections I've seen are in the range of $1.69. How the he** do they come up with that #? Even with an eps of $1.35, they still rate AMAT a Buy. What would they rate it at these levels if management can meet or exceed their guidance of $2.08-$2.15?? Super Duper Strong Buy? Regards, Brian

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