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


To: dbernet who wrote (39941)11/24/2000 10:42:22 AM
From: Greg Butcher  Read Replies (1) | Respond to of 70976
 
26 is SO UN-REAL!! Look at all the support at 40 thats where I bought in last week. AMAT will be moving up slowly and steady like a solid stock should. Watch it move when Greenspan eases rates next meeting. Keep in mind that the true value of AMAT is around 104 (fact)



To: dbernet who wrote (39941)11/24/2000 10:48:09 AM
From: Gregory Rasp  Read Replies (2) | Respond to of 70976
 
For those that believe there is a pre-ordained cycle for this industry, picking the bottom is hardly necessary. Buying and selling these stocks in 1/3 lots gives you a lot of the appreciation potential without the need to try and be ultra accurate. Unfortunately (or fortunately) the upstroke in price is so rapid that it is hard to buy then. I always find it disconcerting to buy this stock when its price is going up for fear of buying it at the top of the cycle. On the way down, I have no such fears and add often and sleep well.

GR