Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.77

+0.9%

Nov 12 3:59 PM EST

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To: Proud_Infidel who wrote (28278)	2/16/1999 7:11:00 PM
From: Michael Ohlendorf	Read Replies (2) of 70976

Brian: I have to post here another contribution from the Yahoo thread which hits the nail on the head in my opinion: "Chips makers, chips users will get shot tomorrow. How long do you think the equipment makers will hold their current lofty valuation. Let's see, by the year 2001, AMAT will earn as much as their 1996 #. WOW Based on todays close, AMAT is trading 44 time year 2000 earning. This is the ANALyst #, how often do you think they're right 1-2 years in advance."

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