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Politics : Formerly About Applied Materials
AMAT 254.76+1.0%3:25 PM EST

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To: jtechkid who wrote (21729)7/13/1998 2:55:00 PM
From: Andrew Brockway  Read Replies (1) of 70976
 
jtechkid,

Your 30 PE is fairly generous. AMAT's average PE is more like 21. With estimates at .86 for 1999, maybe fair value is more like $18.

Andrew
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