Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

Nov 26 3:59 PM EST

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To: Proud_Infidel who wrote (37760)	10/3/2000 4:13:26 PM
From: Kirk ©	Read Replies (2) of 70976

>To anyone selling AMAT, why are you selling here after a 50% haircut? Fear... perhaps they think it will go even lower and they can buy back in lower. Also, growth in semi equipment was forecast to slow so the momentum players have left. These are the folks you have to get out of the stock before it really goes higher. Fundamental good news like this suite101.com don't matter when the rats abandon ship. Just stay calm is usually the best advice. IF you have cash, figure out where you feel comfortable buying back and perhaps you get a "Blue Light Special". Unless you plan to retire this week, a sale is usually a good thing if you have money to invest. I am CONVINCED now that my changing FROM pure "buy n hold" to "take a bit of profits on the way up" makes it a whole lot easier to endure the eventual downturns. Even if it really doesn't pay in the long run after taxes, it makes it nice to know you walk away with a profit no matter what happens. I am VERY interested to compare results with people like Cary that were very conservative and are probably hoping we get to $30 so they get a steal. 8)

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