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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: Big Bucks who wrote (9578)10/25/1997 10:03:00 PM
From: roly  Read Replies (4) of 70976
 
BB and Dave

No problem with Dave's position at all. Don't get me wrong. I'm just wondering what I have to do and what is his advice or your advice with all the massive posting predicting the gloom and doom of the semi group.

1. Do nothing and wait for the stock to come down more.

2. Sell

Here's my problem to the above.

If I do nothing and wait for the stock to come down, will the stock come down? Don't you think it is a good buy now? Can anybody gurantee the stock will still come down Monday or when?

If I sell, I pay taxes to whatever gain I have and where will I put the money from the sale that will give me a better return than AMAT?

If I buy and hold,

First I believe I'm getting discount because others had paid for this stock at $52 and now it's $33. Don't you think it is a good buy?
Further, history proves this stock has one of the best return.

So, I'm all ears from Dave or you.

Thanks.

Roly
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