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Politics : Formerly About Applied Materials
AMAT 335.46-0.4%11:49 AM EST

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To: Jacob Snyder who wrote (37476)9/26/2000 11:25:36 PM
From: Pink Minion  Read Replies (2) of 70976
 
hold 12 months (so I pay 20% vs. 40% taxes),

I think you have to hold it for 18 months now.

If you miss the turn, you could be looking at holding AMAT till it hits a P/S of 1 (the 1996 low).

I don't think it ever became that cheap. I remember P/S of 2. However, nobody on this board thinks AMAT will EVER trade at a P/S of 2 again.
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