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

To: tombet who wrote (33220)	11/17/1999 11:37:00 AM
From: Doug B.	Respond to of 70976

I think the staircase Foreman must have hired some Sherpas. Their blood is thick. But even when you get to the top of Everest, you have to come down, at least for awhile... Regards, Doug checked my portfolio and realized that AMAT was up over 7. Up at this height(113) the oxygen is very scarce. AMAT staircase workers must be getting tired working all that overtime. I hope they have a good Christmas, they've earned it!

To: tombet who wrote (33220)	11/17/1999 2:14:00 PM
From: Tito L. Nisperos Jr.	Respond to of 70976

Hi Tombet, You're doing OK. I remembered these words you Posted sometime in August: --- " ... PS I hope the theme music for me will be "Sitting On Top Of The World" in about 15 years (when I have a couple million dollars worth of AMAT stock)... " In the late 70's when I was slightly below your age now, I got the same thought as yours but did not believe my Instincts and permitted myself to be swayed by so called Financial Experts who considered buying stocks that earn dividends of 5% and sell the stock at a profit of 5% was excellent. I sold my Silicon valley stocks such as AMAT and INTC that dropped more than 50% in one year but later surpassed their All-Time-Highs the next year... How wrong I was. Later I realized one need not be too knowledgeable about Business and Finances to be successful in the stock market. My cousin who retired early from INTC, does not know about PEs but because she believes INTC is one company that will Split its shares every 2 years or so, she is still doing very well. My explanation about PEs to people who ask me how to invest in the stock market were always met by Nodding heads but Blank Looks from them. If calculating PEs are understood only by the Financially smarter --- that explains why stocks such as AMAT do not behave as desired.