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

To: michael97123 who wrote (44157)	3/21/2001 7:53:20 AM
From: daryll40	Read Replies (2) \| Respond to of 70976

What "absurder" is Joe "the Batman" Battipaglia still calling for Naz 4600 this year. (After calling for Naz 6000 last year). Why is this guy not bagging groceries or pumping gas? Daryll40

To: michael97123 who wrote (44157)	3/21/2001 10:18:06 AM
From: Sam Citron	Respond to of 70976

Would I sell my amat at 60, my intel at 37, my cisco at 30. Until I saw the cover story indicator last night, I would have asked what you would do with your amat at 30, your intc at 19, and your csco at 15. But now I'm not so sure that we will see such depressed levels. The cover story indicator has been nearly infallable.

To: michael97123 who wrote (44157)	3/21/2001 10:56:43 AM
From: Pink Minion	Read Replies (1) \| Respond to of 70976

We now are, barring depression, in absurd territory in my book, but you are right absurd can become more absurd It only looks absurd because we were at an absurd level. Prices are still very high. INTC used to trade at a PE of 12 & PSR of 2. CSCO, the poster kid of the bubble, used to trade at a PE of 30 and even then everyone complained of it's value. This industry (LU, NT) trades at a PSR of 1 to 2. We all know what AMAT used to trade at. Would I sell my amat at 60, my intel at 37, my cisco at 30 I'm afraid you're going to have a long wait, but I'll bet AMAT will hit your target first. This ain't over until CSCO hits 10 and INTC hits 13.