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Politics : Formerly About Applied Materials
AMAT 230.22+2.2%12:40 PM EST

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To: Gottfried who wrote (25910)11/1/1998 10:03:00 PM
From: blake_paterson  Read Replies (1) of 70976
 
G <<If you think AMAT cannot support a PE of 70 on next
year's earnings, only two things can bring it down to 50 or below
(the historic trailing PE maximum).>>

I think the latter item (the denominator) is a foregone conclusion for 1999. So I'm trying my damndest trying to recruit the players to move the numerator... I figure it'll just take 28 million shares short to do it <VBG>.

Have a good evening,

BP
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