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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Raven who wrote (7692)9/6/1998 1:07:00 AM
From: Ken Brown  Read Replies (4) | Respond to of 42834
 
"In semi equipment you have Applied Materials defying gravity....(It's) trading at about EIGHT TIMES annualized sales.

I wonder how Barron's came up with that one? Latest quarterly revs were 884,491,000 (*4 = 3.5b). Mkt cap is 8.7b. 8.7b / 3.5 = 2.5, not 8.

Am I missing something? (Perhaps it was *estimated* revenues?)

Ken