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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Sam Citron who wrote (5297)2/2/2003 5:34:39 PM
From: Lizzie Tudor  Respond to of 25522
 
Applied was trading at 83 times trailing 12-month earnings and 4.3 times trailing sales, wrote Hickey.

Hickey's constant harping on trailing earnings for the tech sector is really tiring imho. I know he is making an argument that there never will be a recovery but ignoring a bubble overcapacity writeoff is naive.