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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST
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To: Dr. Mitchell R. White who wrote (34968)4/26/2000 2:18:00 PM
From: Mephisto  Read Replies (1) of 70976
 
Dear Mitch, Can you explain what Etech will do for AMAT? Forget about the dilution in earnings. Generally, the stock market looks at the future if it is very, very good. AMAT should not have any problems with future earnings.

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I'm worried about real-estate taxes as well. I had no idea the bidding war for houses was going on around me until last week. I knew houses sold in a day, but they sell for thousands over the asking price.

Part of our problem is that there is no space in Seattle. I live fairly close in so I have great amenities via bus to downtown and other areas. Traffic congestion is suppose to increase 50% in the next five years. Now, it looks like LA. And we don't have a transit system. So, unless you want to live miles and miles away from the City, you have to pay a high price for real estate.

I've heard the County has been unable to afford school teachers because they cannot afford to live here. Same thing goes for the universities. Not only do you worry about the traffic, but there is always the possibility that a bridge will be closed during a storm or a wreck will occur on a bridge and you are stuck in your car for 8 or 9 hours. It has happened.

We were told you should never buy a house if it means you have to cross a bridge to get to work.
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