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Politics : Formerly About Applied Materials
AMAT 230.17-1.4%Nov 7 9:30 AM EST

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To: Ramsey Su who wrote (27208)12/16/1998 12:00:00 PM
From: Gottfried  Read Replies (1) of 70976
 
Ramsey, I didn't buy on Monday either. But even when there is a
pullback in Q1'99, it may not go farther down than Monday's price.
Sometimes sophistication can hurt. Just look at all the knowledgeable
investors who were looking for sub-20 prices a few months ago.

I was not amongst them: I waited for the pullback WITHOUT being
knowledgeable. :)

I think the price/orders charts - posted earlier - deserve more
thought, as they signal price direction with a delay. If only we
could get MONTHLY orders instead of 3-month moving averages.
They are available - just not to us. To see details of the
program...
dom.semi.org

There must be hundreds of people who get the monthly data -
broken down by specialty. What an investment advantage.
By comparison my investing in semi equips is like driving
a Corvette with a governor installed.

Gottfried
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