Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.87

+4.6%

Jan 2 9:30 AM EST

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To: Sampat Saraf who wrote (42800)	2/28/2001 8:05:47 PM
From: Cary Salsberg	Read Replies (4) of 70976

I have allocated cash equal to 1/2 of my current stock holdings for new purchases this year. I will buy more AMAT and KLAC and re-establish a position in NVLS. I will hold my current positions in ASML (SVGI) and CMOS (former employer). I will round up my positions in CSCO, ADPT, and ASYT. I intend to buy some ALTR, XLNX, LLTC, and MXIM. I am beginning to establish purchase prices, but they will more closely follow the process I used to double my stock investments in 1998 than the 3 stages of 1996. In 1998, I bought small fixed dollar amounts as stocks fell until I exhausted all my cash. For example, I might buy AMAT at $35 and again after each $2.5 decrease. I am also thinking about a very small speculative portfolio of 20 stocks that could grow 10-20 times. These would be small semis that get beaten down to small single digits. Come to think of it, I bought some ASYT in 1998 at ~6 and sold in 2000 at 100 (pre-split) while its high was 134! I will post target ranges when I get them if there is interest.

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