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: Artslaw who wrote (20179)	6/11/1998 6:44:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

I must admit that the ASMLF news is especially disturbing since DUV was the one area which was to experience growth this year. I am very surprised at this one, but don't know if we'll see all of the sector suffer tomorrow, as much bad news was factored into these stocks. Until a few weeks ago, ASMLF had a p/e of ~50 and was clearly extended when compared to the rest of the group. BK

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