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Politics : Formerly About Applied Materials
AMAT 228.68+1.2%3:59 PM EST

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To: Gottfried who wrote (24815)10/2/1998 12:29:00 AM
From: Big Bucks  Read Replies (1) of 70976
 
GM,
I might nibble at $22 but am keeping my options open. The world markets are in complete chaos with no relief in sight, so I want to
conserve as much capital as I can until things bottom out for a while. Investing now is like shooting at a moving target that is
moving away from you, you might hit it but you could miss and not
have any ammo left for better shots later. Any good hunter knows
that patience and stealth allows one to get closer to his intended
prey and have a better chance at a "clean" kill shot. I am after
trophy game and will wait for the right time, but ohhhh it is tempting!!
Interesting that AMAT volume has been so low for so long now, mostly
traders/speculators I think. I want to see a 10-12M down trading day
indicating that funds are unloading.

BB
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