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

To: Tom Kiesel who wrote (33926)	1/30/2000 9:43:00 PM
From: Math Junkie	Respond to of 70976

Tom, my advice for making money in AMAT is to sell half every time it doubles, and double your position every time it falls by half. That way you don't have to try to predict the future.

To: Tom Kiesel who wrote (33926)	1/30/2000 10:48:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Tom, Anticipate a split within 2-4 weeks, the stock price will be very volatile though, just moving with general Naz direction. This is a loonnnggg time hold if you can afford to wait. Dominant semi equipment company for the forseeable future with exceptional products and market share somewhere around 40-50%...more in certain product types, and continuing to gain more. NOw venturing into other product types and positioning itself to dominate those also. Next largest US competitor is about 15%-20% of the capitalization of AMAT. Long time buyer/holder/trader of AMAT. Just my opinion, BB

To: Tom Kiesel who wrote (33926)	1/30/2000 11:56:00 PM
From: Donald B. Fuller	Read Replies (2) \| Respond to of 70976

I too am an AMAT buy and hold forever type. I load more shares when it tanks (loved the 1996 swoon and the Asia crisis for that) but regarding selling - they'll be prying my shares from my cold dead fingers. Using that basic approach, I have about a 500% AMAT return since 1995 with zero taxes paid. A volatile, boom-bust cycle type company that dominates its industry group, that you absolutely know is a long term winner, doing its volatility thing about a constant 20%/yr rising trend line, is a beautiful thing. Personally, regarding the sell half after it has doubled comment - I'd still be pissed if it then quadrupled instead of doubled. Volatility is good. Of course this philosophy only applies if you aren't betting your rent money on the stock and do not buy it on margin.