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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: roly who wrote (28092)2/9/1999 8:17:00 AM
From: Ramsey Su  Read Replies (1) of 70976
 
Roly,

just a final observation before signing off.

As expected, no one disputed my numbers or even discussed my numbers. The focus of the day is how much AMAT has gone up.

This reminds of the old days in HK and Japan. Specifically, I remember the HK market being so wild that maids with no idea what PE was were playing the stock market during their daily visit to the food market. The Nikkei was trading at nose bleed PE and yes, those investors also said PE is an obsolete tool.

Ramsey
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