FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (1961)	5/26/1998 11:20:00 PM
From: Donald Wennerstrom	Read Replies (1) of 2754

Kent, Funny you should mention AMAT as a possible buy. I don't own any now, but I have been thinking a lot about possibly buying some. The last 12 months it has generated 15 percent profit, number 4 out of the 41 stocks. They have the muscle to invest in the high growth areas when it makes sense. They can knock the little guy right out of the saddle if they want to get into a particular field. Their price right now looks pretty good to me as an entry point, but they are still going down. Look at what happened today. I keep waiting for some stability to occur. The other thing I like about AMAT is that long term it has been a "buy and hold" stock. It was selling at $2 per share in 1992 and went to $50+ in 1997. It accomplished this feat in a relatively straight line. 25 to 1 gain in 5 years isn't bad!!<g> Right now it is selling about where it was a year ago. Even if it goes down a few more points, it probably would be a good time to buy right now. I keep trying to convince myself that would be a good move. Don W.

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