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


To: Shoibal Datta who wrote (46458)5/9/2001 10:18:30 AM
From: Cary Salsberg  Respond to of 70976
 
What do they suggest we pay for $.90 for the year ending 10/02? 50 times earnings gives $45. Of course, rational purchases need estimates of 10/03 through 10/05. I suspect Morgan will not have a good handle on Q3 '01, but he will be "certain" of $20B by '05. Therefore a $45 purchase on 10/02 will grow to $100-150 (see previous analysis) by 10/04.