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


To: miklosh who wrote (9507)10/24/1997 8:46:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
AMAT is currently trading at 15X next years projected consensus of $2.11. And remember, in one week "next years EPS" will mean FY99. I personally have heard many downgrades lately but have not seen or heard any shavings of EPS forecasts by analysts. Has anyone else? This selloff IMO, is clearly overdone if in fact the fundamentals have remained for the most part, unchanged.

BK