Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 294.18

-7.7%

12:03 PM EST

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To: jtechkid who wrote (22943)	8/12/1998 8:45:00 PM
From: akidron	Read Replies (1) of 70976

jtechkid.... the coming writeoffs will use a great deal of the $1.6 billion cash.... my estimate is $250 million of development costs for 300mm another $150m for layoffs, and I expect at least -$200m in cashflow from opps next Q..... 29-36 is IMO 60x next years earnings.... NO WAY... not even this protected beast.... We will get to buy at 20.... FYI I don't think 300m will happen ever.....

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