Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gottfried who wrote (65229)	8/5/2002 6:30:54 PM
From: w0z	Read Replies (2) \| Respond to of 70976

The annual data goes back 10 years. quicken.com 10 year data is much more meaningful and may illustrate why some feel AMAT could still be overvalued. Even at today's closing price, a PSR of 4.51 remains well above any year before 1999. For me personally, this is why I have not been back in AMAT since late 1999, even though I have been in and out of other semi-equipment stocks not so richly valued. P.S. I got today's PSR from Yahoo...not the Quicken site...it is apparently just a coincidence that it is the same number Quicken shows for 2000.

To: Gottfried who wrote (65229)	8/5/2002 8:15:58 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 70976

>> The annual data goes back 10 years. And it tells a sad tale. In '92 and '96, AMAT's P/S bottomed at 1.5 or less. Now it is 4.5 or so. Either sales must go up, or - dare I say it - share price has to gulp! drop to half or less. Now that sounds just horrible. But if we account for AMAT's 4 to 1 split since '96, we notice the pre-split share price would be approx $50/sh. So a 50% drop would take amat near the old low of 20 (pre-split). edit. I'm cheering for sales to go up!