Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.90

+0.4%

Dec 26 9:30 AM EST

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To: Proud_Infidel who wrote (50986)	8/23/2001 7:35:00 AM
From: John Trader	Read Replies (1) of 70976

FWIW, SFAM started business operations in 1951. Time is no guarantee of continued innovation or success. Good point Brian. I think a long history helps the odds a bit (e.g. GLW in business for 150 years) due to corporate culture, etc., but you are absolutely right. One thing you will have to agree on is that it is a real bummer when the company you invested in goes out of business. When a stock goes to zero you loose all your money regardless of what prices you bought in at. EXDS could be one that this happens to. Briefing.com wrote an opinion a few weeks ago in which they suggested this. Interesting how the pros liked that one so much when the price was way up there. I recall a special guest on the WSW show a little over a year ago who loved it at a price of somewhere around $75/share, but did not like IBM then. Then Liz-Ann Sonders (sp?) liked it at around $60/share I think. Then Brian Rogers I think picked it as one of his picks for the year 2001 on the same show at a price of around $20/share. It is now at $1.21/share. Ouch!!! I am not paying much attention to that WSW show these days given inputs like this. John

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