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

To: akidron who wrote (17311)	3/7/1998 9:15:00 PM
From: Marc Trombella	Read Replies (2) \| Respond to of 70976

.. it is a no growth growth stock that would be trading in the mid to upper 20's... which is where it would be cheap... Well, why should it trade at a cheap price level in such a over bought market. Unless things worsen, why should it go much lower, when yet nearly everybody agrees, AMAT will be higher at the end of 98 or early 99? What do you consider the fair value of AMAT? I've seen an average of 30 to 34. If you think early 99 is to early, than how about late 99? Whatever, most investors are looking over a year. If you're a trader, AMAT is extremely risky.