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Politics : Formerly About Applied Materials
AMAT 261.54-3.2%12:00 PM EST

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To: Gottfried who wrote (12941)12/11/1997 1:15:00 PM
From: Big Bucks  Read Replies (3) of 70976
 
GM,
I am the king of making mistakes, fortunately I learned
from them, and now I observe and learn from the mistakes
of others. It's disturbing, but not painful that way!
We have all "been there", "done that", no exceptions.
This is one of those opportunities to really position
ourselves to "clean up" with the profits we will realize
in 2-5 years at these prices.

Fortunately, AMAT is strong and will survive and even gain
strength from the coming rest period. It will be able
to live off the fat from previous earnings/savings and slim down
to get ready for the next battle. It is in an excellent
strategic position both defensively and offensively, a
"can't lose" situation.

BB
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