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

To: Tito L. Nisperos Jr. who wrote (38872)	10/26/2000 8:05:54 PM
From: Proud_Infidel	Respond to of 70976

Umc Sees Capacity Fully Utilised Next Yr AFX News Limited October 23, 2000 TAIPEI (AFX-ASIA) - United Microelectronics Corp said capacity is expected to be fully utilised next year, the Commercial Times reported, quoting company chairman John Hsuan. Current capacity still can not meet demand, he added. Hsuan was quoted as saying oursourcing orders from Japanese companies will be among the main factors driving domestic wafer industry next year. He said the company is shifting its focus from PC-related products to semiconductors for set-up box, IC card, FPGA, and flash memory for digital cameras. Copyright 2000 AFX News Limited. All Rights Reserved.

To: Tito L. Nisperos Jr. who wrote (38872)	10/26/2000 10:34:08 PM
From: Kirk ©	Read Replies (2) \| Respond to of 70976

Good point, but remember a 50% bear needs a 100% bull just to get whole again. Taxes erode the gains even if you are good. I like being 100% bullish (i.e. long term) with the majority of my portfolio and then sell 15% or so after I get an 8 bagger so I then have more dip buying funds. I hit that 8 bagger in LRCX last Dec in shares bought in '97 and '98 and hit it in Feb with AMAT that I bought back in '96. The strategy was I took out 150% of original investment at these points and then wait for good times to buy back. I sold too early, but didn't want to be greedy and lose the 8x gains so I locked them in. I was ALMOST ready to sell more when we rolled over....horse shoes and hand grenades! I have only put about 30% of those funds back in and am holding for lay-off level prices to put the rest back in. IF you can get close to a low, you can get an 8 bagger in a cycle or two and that is good enough for me! Of course, am always looking to improve.