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

To: michael97123 who wrote (50186)	8/4/2001 2:16:31 PM
From: robert b furman	Respond to of 70976

Hi Mike, Congrats - It is outstanding to see you so moved and proud. You've got a great grip on life. Bob

To: michael97123 who wrote (50186)	8/4/2001 2:47:18 PM
From: kdavy	Respond to of 70976

OT: Mike, Congratulations. Enjoy the new addition to the family. Take some time off. When you come back things will be as unclear about the semi and semi-E sector as they are now. You will not miss much here. We will be watching "Mathew's" introduction to our AMAT family and welcome him to contribute asap. best wishes, kdavy

To: michael97123 who wrote (50186)	8/4/2001 3:10:51 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

OT Congratulations on your new Grandson Mike. Events such as that put a market drop in perspective. Some reading material if you have the time. Truly hilarious predictions from J Cramer.....why anyone would pay for his advice is beyond me. msnbc.com LOTS OF NOISE Mr. Kellner’s is just one of many such voices, and by no means the noisiest. That laurel goes to Mr. James Cramer of TheStreet.com, who declared on the day after the Fed cut interest rates for the first time on Jan. 3, “I am now confident that the bull is back. We have arrived. We have made it. Now we can prosper. Nasdaq 1,500 just ain’t in the cards.” In the following three months, the Nasdaq Composite lost 36 percent of its value, settling at 1,638 — just 138 points north of the 1,500 level that Cramer had said was impossible. Cramer said he believed his “not in the cards” prediction would be proved right because, to prove him wrong, stocks like Cisco Systems, Inc. and JDS Uniphase would have to “blow up.” On the day he wrote that, JDSU Uniphase stood at just under $48, and Cisco stood at $41. Today JDSU sells for $12.50 and CSCO sells for $18 — a loss of 74 percent for JDS Uniphase and 44 percent for Cisco Systems. In other words, they did exactly what he said couldn’t happen: they blew up. That same day, Cramer said, after claiming to have “touched base with a number of my sources,” that he had identified three stocks that “will still be standing” and won’t be “guiding down” in their next quarter. One of these was Nokia Corp., the cell-phone giant. On the day Cramer published his list, Nokia stood at $44. Ten weeks later it did the very thing Cramer said wouldn’t happen: it issued downward guidance for its first-quarter revenues. Not long after that, Nokia broadened the alarm for the second-quarter earnings, and just this last week announced lay-offs of more than 1,000. Today, Nokia sells for $21.50 — a loss of more than 50 percent since Cramer predicted the company wouldn’t be “guiding down.” The other two stocks in Cramer’s “still standing” list — Brocade Communications Systems, and Veritas Software Corp. — fell 80 percent and 57 percent respectively, almost immediately after he made his predictions. This sort of wildly — indeed hilariously — off-base forecasting is nothing new for Cramer. On Feb. 29, 2000 he stood up before the 6th Annual Internet and Electronic Commerce Conference and Exposition in New York and declared, “You want my top 10 stocks for who is going to make it in the New World? You know what? I am going to give them to you. Right here. Right now…” and thereupon proceeded to tick off Ariba, Inc., Digital Island, Exodus Communications, Inc., Infospace, Inc., Inktomi Corp., Mercury Interactive, Corp., Verisign, Inc., and Veritas Software.” He concluded by saying that he loved his list so much “if I had my druthers” he wouldn’t own any other stocks. Exactly two weeks later, the tech-bubble popped. Since then Ariba and Infospace have fallen 96 percent, Digital Island and Exodus have plunged 97 percent, Inktomi is down 93 percent, Verisign is down 76 percent, Veritas has dropped 50 percent, and the best performing stock on his list — Mercury Interactive — has fallen “only” 38 percent.

To: michael97123 who wrote (50186)	8/4/2001 9:41:11 PM
From: willcousa	Respond to of 70976

Michael, congrats. Our first came on July 12. Weren't there for the delivery but flew in the same day. It is just the experience you described. My best to you. Will

To: michael97123 who wrote (50186)	8/4/2001 9:50:07 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Michael, Congratulations on the arrival of your First GrandChild. I'm sure the First will give you Good Luck especially in your AMAT investments --- just like my First Grandson, born a day after the AMAT Low just before Memorial Day in 1997 --- turned my Luck around for the better while baby sitting him and trading AMAT Options at the same time. From the Lows to the Highs and back to the Lows again, all along Video Taping him for a couple of years now while trading --- that I've learned so much about Life, confirmed my Theories about Life to appreciate it to want to Re-live Life again almost exactly like how it started --- even from that one fateful day in Oct 1942 when my Mom delivered me to the world while surrounded by sacks of rice that served as shields from bullets of the Japanese Occupying Forces fighting it out with Filipino Guerrillas. My whole life was full of Ups and Downs that I enjoy it just like i enjoy the Ups and Downs of AMAT. My Grandson is now an Expert in handling the Keyboard and the Mouse and even "helps" me to Re-Boot the system when my back is turned around. If only he could guarantee --- no Ifs and Buts --- that this Up-movement of AMAT and the rest of the Market is for real this time...