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

To: Gottfried who wrote (27884)	1/26/1999 4:51:00 PM
From: Paul V.	Respond to of 70976

Gottfried, What a strong DW reversal today to $58 9/16 on a closing uptick. This, IMO, is very strong. We could break the $59 DW double top this week if not tomorrow. For those Bears which site the high PE yes it is very very high and far exceeds the '96-'97 upcycle pe of 51. How high the PE will go no one knows. But, IMO, to get a true perspective just follow Gottfried's BTB, Order and Shipment and Price charts to see where AMAT is headed. Paul