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Politics : Formerly About Applied Materials
AMAT 268.72+1.3%Dec 3 3:59 PM EST
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To: Kirk © who wrote (44028)3/20/2001 2:58:28 PM
From: Bruce Brown  Read Replies (1) of 70976
 
He goes on to say he like Intel for the long term. They asked him "why not sell and buy back cheaper?" and he had no answer other than saying he liked it for the long term.

That's not the answer I heard him give when he was asked that question yesterday. He said if you have a longer term horizon of a year or more that you should just hold the stock. He said if you had a shorter term time horizon of less than a year when the money was needed that their was risk of downside on the share price.

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