Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 298.52

+0.3%

1:53 PM EST

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To: Lone Star who wrote (37512)	9/27/2000 4:45:26 PM
From: Proud_Infidel	of 70976

Lone Star, . I am so far ahead of where I would have been, trying to jump in an out, by that VERY simple step, it is not even funny. I too have held AMAT through the dizzying ups and downs although not nearly as long as you have. Your post made me want to repost a Buffet quote I recently found: Buffett wrote in his 1996 annual report that "inactivity strikes us as intelligent behavior. Neither we nor most business managers would dream of feverishly trading highly profitable subsidiaries because a small move in the Federal Reserve's discount rate was predicted or because some Wall Street pundit had reversed his view on the market. Why, then, should we behave differently with our minority positions in wonderful businesses?" BK

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