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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST

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To: Jacob Snyder who wrote (8910)10/18/1997 2:36:00 PM
From: Gottfried   of 70976
 
Jacob, you said >>Every time the industry is out of favor with the market, every time the analysts have downgraded the stock and decreased earnings estimates, has been the best time to buy. These people are excellent lagging indicators.<<

If you like to buy near a bottom, yes. Some investors like to buy
only when a stock is on a strong uptrend. I have no quarrel with
either approach, although I prefer to buy when everbody is down
on the stock. As long as the company has sound leadership and
a good longterm outlook.

GM
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