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Politics : Formerly About Applied Materials
AMAT 252.34+1.0%12:59 PM EST

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To: semi2000 who wrote (38579)10/21/2000 10:28:10 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
re: I just feel funny about seeing posts after posts of your requests for AMAT to go to 30

Sorry. I am not requesting or rooting for 30, and I am not communicating well, if that's what it seems like. That's my buy price, and it'll either happen, or it won't. And I'm not at all certain that I'll get it. I'll stop doing it if it makes you feel funny.

I remember getting a lot of responses like this in Summer and Fall 1998. I kept watching and waiting and trying to see through the fog, and posting, "not low enough to buy yet, I think it'll go lower." A lot of posters thought that meant I didn't like the company. Actually, it's exactly the opposite. If I didn't think it was a good company, I wouldn't be spending all this time following it, and looking for a good buy-in price. It's always a good company, but it is only occasionally a good stock (last time it was a good stock to buy was late 1998, two years ago). And, if TheCycleReallyIsOver, it might not be a good stock to buy till well into 2001. And, again, (I think I've posted this about 97 times recently), I am NOT sure the cycle is over. That's what I'm trying to figure out.
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