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Politics : Formerly About Applied Materials
AMAT 267.45-0.8%3:51 PM EST

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To: Robert Einstein who wrote (14359)1/10/1998 10:35:00 AM
From: Gottfried  Read Replies (1) of 70976
 
Robert, >Is this a good price to initiate position in AMAT for 2 to 3 yr time horizon.<

Yes - but AMAT may not have hit bottom, depending on the
outcome of the conference call, additional fab delays or
cancellations and SEA. If you have nerves of steel and
2-3 years, a double is very likely. The trick is to
recognize the top and get out near it. Study a 5 -10 year
chart of AMAT. Better yet, post it by your bathroom mirror.

I've been very wrong last summer, so my advice is worth
about 1 ringitt.<G> But if you continue to read this
thread, you'll get more qualified opinions than mine.

Good luck!

GM
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