Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 3:59 PM EST

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To: Jacob Snyder who wrote (24386)	9/17/1998 10:18:00 PM
From: Duker	Read Replies (1) of 70976

Nope. I was not being flip. I could not agree more. It is refreshing to hear that you are not of the: "I'll back up the truck below $30 club...who re-evaluate below $30...and lower the truck depot level to $27..who re-evaluate below $27...and lower the truck depot level to $22...who re-evaluate below $22...and lower the truck depot level to $20...who re-evaluate below $20...and lower the truck depot level to $15...." Of course AMAT can go lower from here. It can go down about $24. The beauty of investing is that stock prices do not move in a vacuum. I can add to my position at $20, $15, or $10. People with time windows that fall a tad short of any longer-term investment horizon are not afforded such a luxury. There is nothing wrong with their type of investing/trading. I, for one, am much more comfortable with my imprecise and patient method. At least I know that I will ultimately own a fine company and, with a little luck, will be able to do so at even lower prices. There is no such guarantee if you are waiting for "the perfect time." IMHO --Duker

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