Ebay exceeded or equaled analysts estimates in the past four quarters. Earnings are expected to grow from 1.05 a share in 2006 to 1.28 a share for 2007 and 1.51 a share in 2008. 30 days ago the average analyst consensus was 1.23. 19 analysts upped their projections to make the average 1.28. With 20% expected growth that puts them over double the expected growth of the market. With a forward P/E of 22 and a growth rate of 20, their PEG is 1.1,

Over the past 52 weeks the stock is down almost 10%. And yet, the company is expected to grow earnings 35% over this year. From X to 1.14 per share. Its worth noting that 30 days ago analysts thought the number for the year was going to be 1.13. While that’s not a huge upward revision at least its in the right direction! At 1.14 and at their current price the stock will be trading at a 13 P/E. Its almost like Wall Street thinks the company is on the verge of bankruptcy. I'll tell you what's happening. Everyone just has a knee-jerk gut reaction against chip stocks. It’s a commodity. It’s a tech bust. "I don’t understand it". Etc. But AMAT has $1.5bb in net cash, and $2.73bb in cash flows over the past year. Even without the 35% expected growth this is an LBO waiting to happen.

Earnings going from 1.869 to 2.90. Over the past 30 days analysts estimates went from 2.80 to 2.90. The company has $2bb in net cash, a $9bb market cap, and will probably generate $700-800mm in cash flows over the next year. They are also experiencing record orders. Down 4.6% over the past year.

Down 30% in the past year. Earnings going from 2 cents to 24 cents in 2007 to 50 cents in 2008. Analysts have upped estimates from 19 cents to 23 cents to 24 cents in the past 90 days. $60mm in net cash.

$383mm market cap, $110mm in EBITDA, $60mm in net debt so cash flows are more than sufficient to pay down debt. Scott Black in the Barron's roundtable has this in his portfolio: "Trading at almost book value, generating cash and growing. On a breakup value, Black thinks this is worth $25.86. "It is in the bargain basement"."

Buyout candidate. $900mm mkt cap, $120mm EBITDA. Down 12% in past 52 weeks. EPS going from 1.29 in 2006 to 1.46 in 2007.

13% down in past 52 weeks. Forward P/E of 13. Exceeded estimates the past 4 quarters. Last estimate up a penny in the past 30 days.

Stock down 13% in past year. Earnings growing from 2.82 in 2006 to 3.28 in 2007. Analysts have upped that from 3.25 in the past 90 days. $12bb in net cash. $3bb in cash flows, and a $21bb market cap. I also like that they are in the Defiance ETF - the ETF made up of stocks that did well on down days last quarter.