Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: Hank Stamper who wrote (19961)	6/5/1998 7:20:00 PM
From: 16yearcycle	of 70976

David, Please remember that the low teen valuation is based on past low valuation points. I will be a buyer WAY before then, and bought more klac today. I am willing to nibble now, and take progressively bigger bites all the way down. There is real danger in waiting. A know someone who bought all the msft they could at around 85 about 5 years ago, only to watch it drop to 71 and sit there for a year. After splits, and with the benefit of hindsight, we know this individual was crying about a difference of 8.75 vs 10.50, on a stock that rose to 100 recently. The lack of vision of an individual trying to squeeze the last dollar out of a business transaction can be very costly if the transaction never occurs. Best wishes, gene

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