Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 318.63

-3.0%

3:59 PM EST

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To: Gottfried who wrote (4352)	5/9/1997 1:07:00 PM
From: Teri Skogerboe	of 70976

GM & All, Now I've got the real scoop......(i was pretty close)....The Fool Portfolio bought both AMAT and KLAC on 8-24-95, at (adjusted for the split) 57.52 and 44.71 respectively.....they sold all their shares in AMAT on 5-2-96 @ $40 even, (by accident) into the news of a Rick Whittington upgrade of the group which boosted the shares 3/4 that day...here is a sentence or two of what they said on the Sell Day...."So, why did we sell? If you read our transaction report, you know it was a portfolio management decision. Addlebrained as we are, we finally realized that getting into two semiconductor-equipment companies on the same day wasn't very Foolish. And in that we hold portfolio management in highest regard, we felt it prudent to prune one from the portfolio."........ TS PS. I just checked the 2-year chart on AMAT and they bought about 2 dollars from the top.....

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