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


To: Lone Star who wrote (35270)5/19/2000 9:21:00 AM
From: Proud_Infidel  Read Replies (2) | Respond to of 70976
 
LoneStar,

You are not mistaken; AMAT's forward pe is now about 26 using estimates of $3.23. Someone has eps estimates of $4.25 for FY01(giving us a forward pe of 19!!!!!), and this is before the inevitable racheting up of estimates once Cu and 300mm kick in. A stock which many people claimed was incredibly overpriced not too long ago is now by far the cheapest Gorilla around.

BK