Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 235.40

+4.5%

3:52 PM EST

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To: EACarl who wrote (28740)	3/3/1999 2:22:00 AM
From: Jeffrey D	Read Replies (1) of 70976

EA:<<$ 1.763 Billion actually. Of course AMAT has so many shares outstanding, it is only around $4.80 per share in cash , or around 8% of current price in cash. This IS NOT impressive compared to many other companies in the sector. I'd be glad to supply a list of them, but I'm sure you already know.>> EA, your posts are very good and they would even be more meaningful if you plugged in the correct numbers. See below from AMAT's earnings announcement. Cash and cash equivalent investments total $1.92B not $1.73B in your post. jeff << Strong asset management performance resulted in $1.92 billion of cash and short-term investments at the end of the first fiscal quarter. >>

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