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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: dbernet who wrote (39941)11/24/2000 10:48:09 AM
From: Gregory Rasp  Read Replies (2) of 70976
 
For those that believe there is a pre-ordained cycle for this industry, picking the bottom is hardly necessary. Buying and selling these stocks in 1/3 lots gives you a lot of the appreciation potential without the need to try and be ultra accurate. Unfortunately (or fortunately) the upstroke in price is so rapid that it is hard to buy then. I always find it disconcerting to buy this stock when its price is going up for fear of buying it at the top of the cycle. On the way down, I have no such fears and add often and sleep well.

GR
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