Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

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To: Big Bucks who wrote (25153)	10/9/1998 11:55:00 PM
From: Paul V.	Read Replies (2) of 70976

Big Bucks,I'm still confused, where/how do they get a forward PE of 36?? Suppose the PE is only 20, then 20 x 0.66= $13.20 or 25 x 0.66 = $16.50, or 30 x 0.66 = $19.80. Someone help me understand this, I know that I'm tired but I don't get it, what am I missing here?? Not that I'd mind those low prices as I would get my average at around $17. 8^) If I recall the highest PE that I saw on AMAT presplit was 50. Even if we have a PE of 50 x 0.66 we get only $33. This is sure not a very good movement which we have been accustomed to with AMAT. Does this figure seem reasonable? Paul V.

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