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

To: Gottfried who wrote (25910)	11/1/1998 10:03:00 PM
From: blake_paterson	Read Replies (1) \| Respond to of 70976

G <<If you think AMAT cannot support a PE of 70 on next year's earnings, only two things can bring it down to 50 or below (the historic trailing PE maximum).>> I think the latter item (the denominator) is a foregone conclusion for 1999. So I'm trying my damndest trying to recruit the players to move the numerator... I figure it'll just take 28 million shares short to do it <VBG>. Have a good evening, BP