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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (33202)	11/16/1999 11:26:00 AM
From: SJS	Read Replies (1) \| Respond to of 70976

Anyone ever hear of this company or it's technology. at $.40, it's a real crapshoot, at least for me, but I was intrigued by the "claim". biz.yahoo.com Steve

To: Proud_Infidel who wrote (33202)	11/16/1999 2:40:00 PM
From: Q.	Read Replies (3) \| Respond to of 70976

Brian, that argument appears to fall into the category of "it's different this time" rationale. I suppose that if you want to find a reason for the stock meriting a PSR that is twice its previous peak, then you must indeed find a valid "it's different this time" argument. I just wonder if the argument you propose is sufficient. I'm not knocking a superb company, but I'm just wondering whether investors have any prospect of a significant return, one or two years from now, if the stock appears to already discount a 3X growth in revenues.