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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST

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To: uu who wrote (23076)8/18/1998 11:24:00 PM
From: David Semoreson  Read Replies (2) of 70976
 
ADDI said: They know 2-3 years from now (or even 10 years from now) AMAT will most likely be at $100+-$300+/shr and that for them is worth the waiting and tolerating the volatility!

Yes AMAT will be over $100 one day, no argument. But did you notice it in the twenties this year? Were you here in 96 when AMAT visited $11 (split-adjusted)? AMAT will not make money for the next few qtrs; this is worse than 1996 and the price is triple, why?

Holding makes sense if you are long-term patient ... buying now is ridiculous.

Never fall in love with a stock.

IMHO,

** David
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