Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 292.20

-1.2%

Jan 7 3:59 PM EST

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To: Joseph Beltran who wrote (48125)	6/18/2001 8:58:21 PM
From: Cary Salsberg	Read Replies (3) of 70976

I bought some NVLS at $35 and sold it at $53. That indicates some conviction, I believe. If "tiresome and boring" to some reader were a criterion to stop posting, there would be zero posts at SI. I want to brag about buying NVLS at an average price of $30 and selling some years from now at $150. This will require me to continue to be patient and tiresome and boring. Why don't I short? Last year, I practically begged a former co-worker to sell SDLI at $200. The stock rose to $450 before falling (as part of JDSU) to its current value of $40. I like strategic moves. Shorting is tactical and much riskier than any of my long moves.

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