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


To: geof who wrote (33153)11/12/1999 7:20:00 PM
From: Robert Krauss  Respond to of 70976
 
No problem even if you wish to challenge the statement that we will sell prior to split and then buy back. No there is no way to exactly time this of course. But over the course of 9 years, having bought and sold numerous times this company has made us a fortune. Sometimes, yes the stock does dip after we buy. By the way, the buys and sells are dictated by our broker, not by us. In fact it seems that every time we get back in it goes down further. No problem, it always cycles up more and more.

The money is to be made taking your profit and then getting back in lower even absent perfect timing. We always take our profit before the split.

Lynnie K