Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 235.24

+4.5%

3:59 PM EST

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To: Rich Uncle who wrote (17588)	3/12/1998 10:38:00 AM
From: 16yearcycle	Read Replies (1) of 70976

I'll bet you two guys that we don't END the year 10-20% lower than this point. That would put us at under 7800, a pe of about 18 on the dow, and put us at a net loss of 500 points over a 16 month span. I am sure we all agree that things are overvalued now, and a 10% drop would be logical and reasonable. This market has removed all doubts that I have about what is behind it. This is a baby boomer,cash flow driven market that will grow to historically pumped up levels and pop like the Japanese market when it blows 10+ years from now.

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