Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 252.25

+0.9%

Nov 28 9:30 AM EST

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To: Sam Citron who wrote (43588)	3/12/2001 4:26:57 PM
From: michael97123	Read Replies (1) of 70976

started this as a private reply to Sam but maybe it is good to go public Sam, No, not on margin, Thank God! And most of my assets are in cash or cash equivalents but i have a sizable chunk in tech. I talked myself out of taking many gains last year because all were short term and i am in that 39.6 bracket we all talk so much. about. My tech portfolio is down the same 60% as nasdaq. Who woulda thunk it? Its a humbling experience. I suspect we all must go thru these things in life. As you can see I am trying to be philosophical here but it hurts like hell. My belief is that in two years time we will double from whatever the bottom is. I suspect Greenspan will be intervening in some way sooner rather than later, probably tomorrow. The whole world economy is in jeapordy from this nasdaq collapse and Yardeni is right, we will move into deflation if AG doesnt act soon. There cant be inflation in a situation like this. What is he afraid of? Next unemployment numbers will be bad. Thats what the focus should be on--whats coming, not what happened. . MIke

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