Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.17

+0.1%

3:59 PM EST

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To: Jacob Snyder who wrote (9635)	10/26/1997 3:05:00 PM
From: Tito L. Nisperos Jr.	Read Replies (1) of 70976

Jacob, for Short-term oriented Investors, the fear of Risk is a problem. For Long-termers like me, investing in a Stock that doubles every 2 years, as reflected in its Splits, Risk is not a problem to worry about. Long-term investing is like Gambling; but unlike gambling in the Casino Time is the Friend not the enemy of the Long-term investor... I remember that summer last year when I sold all my shares in AMAT to buy LEAPs (to expire in 17 months). From 4/share the Option went up to 80/share summer to the next summer. I sold at 23 and switch to earlier expiration dates (which I don't regret) but if I held on to the LEAPs, I would have seen just 5K of my money to have ballooned to 100K in just 1 year. The Option is just 18 1/2 now but a 5K investment that becomes 23K in 1 year is still Great...I agree though that the Long-termer should once in a while monitor his investments; and when the stock appreciates 100% in a year---he should perhaps liquidate half of his positions (the other half sell when the stock adds another 100% gain) then keep the money in a 5%/year money market fund to reinvest later when the stock declines, 45, 50, 63%...Then he could repeat the process again as he still have faith in the stock doubling every two years... For a Long-term investor like me, Risk has its rewards...

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