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


To: Jacob Snyder who wrote (35388)5/26/2000 3:54:00 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
Jacob,

If there's a Will, there's a Way.

Here's how I found a Way to have New Cash at the bottom in 1997 after I was Down 77%. I got no cash but still had AMAT shares at that time. I sold all but 100 of my AMAT shares then bought AMAT LEAPs. Every 5K concentrated cash squeezed from the shares --- were used to make 100K pitcher full of juicy cash a year later.

This strategy I call: --- More BBs (bang for the buck) strategy.

This tale has been repeated many times in the past in this Thread.

Why do I have so much confidence in AMAT LEAPs even if I buy at 10% discount and not waiting for 50 to 60% discount?... Well, it's simple. I happen to know from watching AMAT for more than 20 years, this fact: --- AMAT, like some other Silicon Valley stocks, Always comes back from a 10 to more than 60% decline to hit a series of New All-Time Highs!