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Politics : Formerly About Applied Materials
AMAT 224.13-2.9%12:25 PM EST

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To: Cary Salsberg who wrote (66218)9/23/2002 6:27:11 PM
From: michael97123  Read Replies (1) of 70976
 
"There is NO relationship between how low the price gets and how high it will get."

Cary,
I understand what you are saying but its hard to process. When amat was at 20 you were buying. Now it is 11. Are we saying that 40 is just as easy to get to from both numbers? You can a double in a bear market rally, not a 4 bagger. And i would maintain even a bull the fact that a stock has so far to go, limits its ability to get there. mike
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