Formerly About Applied Materials Message Board

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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: Justa Werkenstiff who wrote (27730)	1/15/1999 6:18:00 PM
From: Justa Werkenstiff	Read Replies (3) of 70976

I hate to bring up fundamentals but AMAT is at a P/B of 5 plus with a historic high in the past five years of 5.3. It has a P/S of 6.1 compared to a five year historic high of 6.8. Plus, I see no real bears on this thread anymore. This triggers my AMAT thread contrary indicator which marked the bottom in the low 20s. Looks like everyone is bullish. Staircase to heaven is the view here. AMAT is a money making machine. It has become like a Wade Cooke seminar here. Greed is the thinking here of late with a total absence of fear.

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