Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.34

+1.1%

Jan 23 9:30 AM EST

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To: nuke who wrote (19976)	6/6/1998 7:33:00 PM
From: Jacob Snyder	Read Replies (1) of 70976

nuke: getting in near the bottom of a cycle, and holding for 15 years, is an excellent strategy. You already did the hardest part, getting in near the bottom. If you don't want to spend a lot of time studying the industry continuously, then buy-and-hold is the best strategy. Don't trade unless you're going to follow things closely. AMAT is the industry leader and is the most likely to still be around in 15 years. There are actually many people who buy and hold through cycles. They don't tend to post much, because they've made their decisions already. Posters tend to be traders, or people who are thinking of changing their long-term positions. I'll probably post a lot, till I take a large long-term position (sometime this year). Then I'll just read the quarterly reports, post infrequently, and concentrate on sea kayacking in Baja.

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