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

To: Math Junkie who wrote (29265)	3/29/1999 7:51:00 PM
From: ILCUL8R	Read Replies (1) \| Respond to of 70976

Richard, Thanks for pointing out the discrepancy. I had been looking at the figure underneath Yahoo's graph which is obviously incorrect. Doing a little arithmetic on the numbers reported per quarter by Yahoo I also came up with the PE 82-83 figure you posted. Whew!! That makes me rest a lot easier <g>. Yahoo's data show an estimate (Oct99) of 1.02 for this year, so is AMAT worth a PE of 60-1? Next year the estimate is 2.22 for the year which would get us down to only 30-1 for a PE. It will be interesting to hear what transpires at the shareholders meeting which is tomorrow. Right? And, I read somewhere on SI that an elitist meeting with analysts would also occur. Too bad this practice continues if this statement is correct. We all deserve to know at the same time whatever guidance Mr. Morgan might deliver. Well, on Wed we may see if we should have bought or sold on the news.