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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Math Junkie who wrote (26384)11/17/1998 6:14:00 PM
From: Joe Donato  Read Replies (2) of 70976
 
Agreed, but that is precisely my point. All this information is factored into the stock price and the stock is at or near it's 52 week high, their business for the past year has been very bad, and they are calling their own outlook "uncertain".

These are not the conditions that I would hope for if wanting the stock to go higher....

In fact, based on a previous posting on this thread, someone posted some press release fragments where they are saying their outlook is more uncertain then it was in 1996.

To sum it up, their stock appears to be highly valued already.

I would be very interested to know what they said in the conference call.
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