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

To: Katherine Derbyshire who wrote (22594)	8/6/1998 4:48:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Katherine, Re:. If you don't believe the $7 EPS estimate, why are you using it to calculate "reasonable" valuations? From my last post: it was only an assumption since we have so few peak estimates. I am not saying they do not have a chance of hitting it; never underestimate the $$ willing to be spent on chips. And that is most easily done in a downturn when things look bleak(Read:now). I was using it b/c it came from a fairly reliable firm and was one of the only peak estimates I've seen. But I am repeating myself; I've already said this in my prior posting. BK