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


To: rsie who wrote (37502)9/27/2000 10:30:15 AM
From: Ian@SI  Read Replies (1) | Respond to of 70976
 
Rich,

In how many years since the S&P 500 existed, would your statement not be true?

S&P's earnings are at a 50 year
high


IMO, this is merely an observation of the reality that the big just keep getting bigger. Surely, that isn't a source of concern??? Rather, I'd expect it to be a source of investment ideas.

AMAT has gone from 115 to today's prices...

Do you object to the market giving you an opportunity to BUY LOW?

Yes, I also hate to see stock prices go down for companies I already own. But so what? I wasn't planning to sell any time soon anyway. And it is an opportunity to deploy spare cash.

Ian.



To: rsie who wrote (37502)9/27/2000 10:33:38 AM
From: willcousa  Respond to of 70976
 
Rich, this is certainly no fun. But take some heart in the fact that this is part of a periodic range of fluctuations that have and will occur over time. If you have the ability it is a rare opportunity to increase your holding in a fine company like amat. If your time horizon is long enough it will make you rich. IMHO



To: rsie who wrote (37502)9/27/2000 10:36:15 AM
From: michael97123  Read Replies (2) | Respond to of 70976
 
Rich, a signal that the bottom is near is when folks such as you begin to question the long term value of their holdings after a 50% haircut. Looking thru the rear view mirror, you should have sold at 115. In 6 months looking thru the rear view mirror you certainly will regret having sold at 65 imo.
And that is true even if we go a little lower in here.