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


To: Paul V. who wrote (13753)12/21/1997 10:48:00 PM
From: Steve Robinett  Read Replies (1) | Respond to of 70976
 
Paul, Obviously my ballpark valuation number assumes something like the current p/e. At $30/shr, that's a 15 p/e on next year's $2/shr earnings. To my mind, that's a very low multiple for a company that dominates its industry and is still growing at a rate above 15%. If the multiple expands, I'm all for it.
Best
-Steve