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

To: Cary Salsberg who wrote (45928)4/27/2001 11:14:07 AM
From: Demosthenes  Respond to of 70976
 
<<How many times will you be willing to watch AMAT's price fall 2/3 or more?>>

A good question.

Perhaps a better one might be: How many times am I willing to double my money every 3-4 years?

I'm not sure what the answer is to either. But I'm 38 and don't really need the $ for a long time.

And I bet I will be able to answer both questions not less than 10 years from now.

D



To: Cary Salsberg who wrote (45928)4/27/2001 11:56:05 AM
From: Demosthenes  Respond to of 70976
 
<<How many times will you be willing to watch AMAT's price fall 2/3 or more?>>

Cary, In the back of my head I'm optomistic about some favorable capital gain legislation in the future. My AMAT cost basis could be $5 by then and better capital gain treatment would really help.

Thoughts?

D


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