SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 223.31-3.2%Nov 13 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tito L. Nisperos Jr. who wrote (34851)4/17/2000 11:04:00 AM
From: Fred Levine  Read Replies (1) of 70976
 
Tito-- You and I have been with AMAT for years, and obviously, we both love it. However, we disagree about ways to participate. The stairway metaphor seems off-- rather than calling it a rest, I would call it a collapse. Many people who were leveraged got killed, margin calls amplified losses, while we LT investors kept our bloomers on.

The collapse occurred in the face of positive reports and analysts upgrades, which, IMO, highlights the unpredictablity of short term trends. I don't want to imagine what would happen with mediocre news.

IMO, the best and safest investment approach is to get rich slowly.

fred
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext