Gottfried: <<What measure would you use to sell AMAT?
High PE, PSR, what?>>
The answer is easy, sell at the peak! <<VBG>>... Seriously tho', once we get 4-5 months into order upswings and 2 - 3 months into revenue increases, we can all make useful sense out of whatever index we prefer, whether it's booked orders, revenues, BTB, PE, PSR, hemlines or briefcase indexes <g>. Your PSR post was most illuminating, and as we all suspect, the markets peak / range for this value will likely shift upwards as we witness the next cycle upturn...
OK, I admit it, I bought yesterday! Back to buy and hold, time to get a job <GGG>. |
