Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 259.21

-4.0%

Dec 12 9:30 AM EST

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To: michael97123 who wrote (65227)	8/5/2002 8:06:45 PM
From: Cary Salsberg	Read Replies (2) of 70976

Mike, When you finally make some profit from this market, you will have earned it. Hang in there and enjoy your vacation. The forest is the "bubble aftermath". The news and the bears are the trees. There is a lot of "negative" news. At least twice a quarter for each company plus weekly government statistics. At some point the news will be ignored and the stocks will start up. Some time later, the news will improve. I follow my rules. When I first presented my plan to Sam Citron, he asked if I would add more cash if prices fell below my ranges and I had spent all that I allocated. I said no, because that scenario implies that I would be in error and I can't see rewarding error with more cash. Well I am there and I will not "bail" myself out by risking more cash.

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