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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: Big Bucks who wrote (14787)5/5/2005 5:50:35 PM
From: Return to Sender  Read Replies (1) of 25522
 
So now you are not planning on buying any AMAT until institutional investors hold only 50% of the float?

Don't get me wrong I think we agree on a lot of things but picking your timing for your buy point as when institutions hold only 50% of the float on AMAT just seem a little too divergent from buying at 14. They would have to sell a lot of stock to own only 50% of the float. AMAT will surely go lower than 14 if that did happen.

Just like my projected October 2006 may be totally wrong so too may be buying in November of this year.

If a person wants to be right most of the time it's best to stick to generalities. Anyway I hope you know that you may never get a chance to buy when institutional investors have sold as much of AMAT's stock off to hold only 50% of the float.

At least not for many years.

RtS
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