Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 318.63

-3.0%

Feb 3 3:59 PM EST

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To: Martin A. Haas, Jr. who wrote (8203)	9/26/1997 11:55:00 AM
From: Tito L. Nisperos Jr.	of 70976

Hi Martin and Everybody, The Selling of AMAT continues...the stock now struggling below 95...All the Good News for AMAT are being put aside due to, I believe, Investors --- whose cost basis for the stock range, probably from 60 to 30 per share bought at least 18 months ago --- excitedly taking advantage of the 20% tax rate...They probably believe that selling AMAT then buying another stock will continue their profitable ways. They probably don't realize that AMAT and any other stock is just like a Boat among all the Boats that goes Up and Down as the Sea level goes Up and Down with the Tides. In their excitement to Taste what is like to have a 20% Tax Rate on their profits, they don't probably realize that it's better for them to stay put in AMAT;... in starting all over again in another stock, they are going to wait another 18 months to take advantage of the 20% tax Rate!... As for us who are staying longer in AMAT, well, what we can do is wait; in waiting, maybe we could DIP a little more...

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