Formerly About Applied Materials Message Board

STOCKTALK

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 226.05

+1.3%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mitch-c who wrote (36365)	8/8/2000 9:39:03 PM
From: Proud_Infidel	Read Replies (2) of 70976

Mitch, I forgot to say welcome aboard. Nice to see that there are still people out there who can filter the facts through all of the noise. Wherever one buys AMAT in the cycle, they will be profitable if they have a long time horizon. I first got into AMAT in October of '95, and watched my stock drop from $50 to $21($12 to $6 split adjusted). Although it was extremently painful, looking back puts these daily swings into perspective. I also "loaded up the truck" in '96 at around $6 or so. I am not bragging by any means; simply pointing out that AMAT will reward you if you stick with it and really load up when opportunity begs. Buying AMAT in '96 at a PSR of 1 was perhaps a once in a lifetime opportunity. I thought it deserved a much higher valuation then and still do. This company is the reason CSCO reported record revenue tonight. Without AMAT there would be no CSCO, no INTC, no MSFT no EMC. How do you place a value on a company in such a position? Hats off to Morgan & Co; they are the best around by far IMO. Brian

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next