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


To: Jacob Snyder who wrote (36123)7/28/2000 3:17:06 PM
From: Jacob Snyder  Respond to of 70976
 
I take that back.

AMAT might be good for a short-term trade, buy at 74. I'd sell at 90, though, as we may be establishing a pattern of lower highs.

JS@thevoiceofdoom.edu



To: Jacob Snyder who wrote (36123)7/28/2000 5:51:48 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 70976
 
Jacob,

One comment. Price/Sales is much less important when there are earnings. With a profit margin above 20%, a P/S of 6 corresponds to a PE of < 30. In Fisher's book, Super Stocks, a P/S of 6 is always a sell signal.