Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.3%

Nov 14 3:59 PM EST

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To: Rick Storm who wrote (48945)	7/9/2001 8:24:03 PM
From: Cary Salsberg	Read Replies (3) of 70976

Rick, Buy Scheme: Buy equal dollar amounts at $2.5 increments AMAT $25 - 40 NVLS $25 - 37.5 KLAC $22.5 - 37.5 LLTC, MXIM $27.5 - 37.5 ALTR $15 - 21 ($1.5 increments) XLNX $24 -34 I used the following book values: NVLS $11.18; AMAT $9.28; KLAC $9.71. 3 x book is ~$28 to $33. Losses will reduce book, somewhat. My prices start at a low of 2 to 3 x book and go to 4 x book. I start high to ensure I get some and I expect to trade in the range to lower my average cost. For example, if I buy AMAT at $40, 37.5, and 35, I will try to sell the shares I bought at $40 for $40 and use the money to buy again at $35. After the second $35 purchase, I will try to sell the $37.5 shares for $37.5 and use the money for a third $35 purchase. When I started the blood thread I talked about quality and made a commitment that 1/2 of the companies would be quality. The other 1/2 met the 2 x cash 1.5 x book. I have tried to move 100% to quality and I have reduced 8 semi-equips to 4 (ASML is the 4th). I have added 4 semis, all quality.

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