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Politics : Formerly About Applied Materials
AMAT 332.56+4.1%Jan 27 3:59 PM EST

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To: Ian@SI who wrote (17973)3/20/1998 11:57:00 AM
From: 16yearcycle  Read Replies (1) of 70976
 
"If you expect AMAT to trade at 1*Sales in the current climate, I believe that you have your head buried in the sand or some other equally dark place. ;-)"

What does this suggest that she is doing? This is not a personal attack? Her suggestion that AMAT could drop a lot from here is not based on logic when the fact is that amat does trade towards 1X sales on the terrific volatility that it has had over time?

Mind you I believe that amat has about a 50-50 chance of seeing the 20's again. In this climate, the mid 20's are unlikely. But let us not believe that it cannot happen, or we are doing ourselves an injustice.
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