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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 3:59 PM EST

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To: Proud_Infidel who wrote (28278)2/16/1999 7:08:00 PM
From: Michael Ohlendorf  Read Replies (4) of 70976
 
Brian how do you come up with 6-7 times sales ? AMATs trailing P/E is over 100. Go to Yahoo and look it up. This valuation comes close to the Internuts already even if some of those have P/Es over 1000 or none at all I have to admit. Anyway, my prediction stays. If we do not fall tomorrow we will slide back slowly after options expiration. In any case, we will see the 50s again before we can go to the 70s !
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