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: William Nelson who wrote (19293)	5/12/1998 2:48:00 AM
From: miklosh	Read Replies (1) \| Respond to of 70976

briefing.com May 12: "Industry leader, Applied Materials, due to report earnings after today's close... Street looking for gain of $0.37... Though consensus estimate has fallen by one cent over last 4 weeks, Briefing inclined to think AMAT will beat current estimate by one to two cents... Company has beaten street in each of its past five quarters... At yesterday's closing price of 37 1/4, AMAT trades at 25x estimated FY98 results of $1.49 (PEG=1.14) and 19.5x projected FY99 earnings of $1.91 (PEG=0.89)... Even if company beats estimate, near-term upside is limited by generally poor industry conditions."