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Politics : Ask Michael Burke
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To: Joseph G. who wrote (24164)10/27/1997 6:05:00 PM
From: Skeeter Bug  Read Replies (2) of 132070
 
joe, when i said amat was overpriced and just silly, a lonely person rebutted me and said it was a great long term investment.

i then asked this lonely person if he was buying at those levels - that is where the rubber hits the road.

it took him two days to respond (kinda weird for a lonely guy ;-) and amat was already in the low $40s ;-) said he wouldn't recommend it at $52 anymore ;-)

this bubble is blowing up in many people's face. wait until the boomers get their 401k statements this q :-)

now we're in the $30s ;-)
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