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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Judy who wrote (11783)7/10/1998 8:50:00 PM
From: Nancy  Read Replies (2) of 42787
 
the problem is more than Japan - Taiwan is pushing back all the orders to 1999 and demanding price concession. (they did that to ASMLF earlier) We dont know where is the bottom but AMAT in 1996's downturn was traded at as low as 11 and close 1996 at 17. Need to go back to see how much revenues AMAT did in 1996 period to try to get a comparison, as to what price/sales ratio was then.
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