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Politics : Formerly About Applied Materials
AMAT 230.92+3.1%Nov 24 3:59 PM EST

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To: Proud_Infidel who wrote (20094)6/10/1998 8:55:00 PM
From: Teri Skogerboe  Read Replies (1) of 70976
 
Re: "Using FY98 as a base and sometime early next century as a peak, AMAT should see explosive top and bottom line growth. I am looking for $5+ around the 2002 timeframe, using historical growth #s and temepring them to account for a slower rate of increase in spending."

Especially the $5+ part. Starting from a base of $1.30 for FY98 and adding 25% annual earnings growth, I'm coming up with $3.17/EPS for FY02...not $5....why are we coming up with such different numbers?
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