Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 224.13

-2.9%

12:25 PM EST

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To: Gottfried who wrote (27056)	12/8/1998 11:39:00 PM
From: Robert O	Read Replies (1) of 70976

A little OT Please do the human thing and just shoot me. Since posting this follow-up: You could have purchased Komag for 2 1/8. Today's closing is 4 13/16 (closed at 5 a week ago after earnings news really sunk in). That's a 75% return if bought day of post at 2 3/4 and 135% from low buy in. Komag closes today at 9 5/8 ugggggg a 2 1/2 bagger in NO time. Even a 100% return from my post bemoaning my "missed opportunity." As u implied at the time, all the justifications in the world plus a buy order gets you the stock. I think the market really punished companies that were heavily into Asia at the time and Komag even flirted with collapse due to a shortage of cash. Seems market tends to severely over-sell when even the tiniest specter of bankruptcy appears. Could be the beginning of a 98.6/1.4 type strategy with 1.4% in near BK situations ;-) RO P.s. I believe Sprite is owned by Coke, beware.

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