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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (32993)10/31/1999 2:55:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 70976
 
I've been trying to find a post I wrote last year, in which I linked to several posts which were sounding cautionary notes in the Summer/Fall 1997 time frame. So far, I have been unsuccessful. It seems like the SI search feature does not search that far back, because I told it to look for a phrase that I was sure was in that post, but it didn't come up with anything.



To: Gottfried who wrote (32993)11/1/1999 7:05:00 AM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
Hi Gottfried and Richard,

Thanks for the URL's you posted that documented that this Thread was mostly unaware of the Bear Market about to happen two years ago.

Yes, I admit, it looked like I was wrong at that time in urging people to buy at 20 to 50% discount considering AMAT did sold at 63% discount later on. But if those people who bought at 20% discount are still holding their shares for two years now --- they surely more than doubled their money by now. And for those who bought Call LEAPs at my urging --- I imagine some smile from them. Although the 4 to 80 dollar LEAP is still to be realized, one who bought a 100 Jan 30 2000 Call worth about 40K last year could smile to the Bank with 600K now.

Now, somebody will be proven right and the other wrong again: --- the Bear or the Bull ? The answer lies on the effect to Investors of the latest Interest Raising activities of Alan Greenspan and the rest of the FED.

Anyway, Congratulations to Jumper --- he did a Good job for the Bears although AMAT did Not go Out of Business.