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: Paul V. who wrote (21537)	7/11/1998 1:04:00 PM
From: Tito L. Nisperos Jr.	Read Replies (1) of 70976

Paul V, I happened to click on your name and by chance read the following as your Investment Style:--- "buy gorilla stocks which are 50% off their highs (buy low/sell high)" Now I know why you are such a Very Successful Investor! In my more than 20 years watching Hi-tech Silicon Valley stocks, I came to the conclusion that it's Normal for these stocks to plunge more than 50% from their Highs in 1 Year then Reverse course to Overshoot their Highs the following year or two... (It's also Normal for my Investment to be down 50% or more --- like when it was down 77% in 1996 only to turn up 500% the next year!... If only it's Not normal for me to wipe out most of my gains the next year...) So, at 27 and especially below (AMAT is likely to trade 27 or less by Monday), the stock would be at Normal levels --- at Entry levels many of us in this Thread are agonizingly waiting for!...

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