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

To: Jacob Snyder who wrote (62569)	4/1/2002 8:56:46 PM
From: Sam Citron	Respond to of 70976

Jacob, Nice job. I have no doubt you will get your price on your remaining lots sooner or later. AMAT is the gold standard of capital equipment in a world where chips/GWP is trending inexorably higher. Forget today's fundamentals. It's the LT trend that matters. Until Moore's Law falters, AMAT will be king. I think most speculators will do better to surf the trend rather than attempting to pronounce it as too cheap or too expensive. Right now as almost always the trend is up ahead of the fundamentals. It's always nice to have a few shares in the back pocket because they are regarded as "safe money". I will be back in long and hedging with covered calls and possibly puts as soon as my Brownco account with reasonable commissions on both equities and options is established. Iraq, like every other place in the mideast, is a quagmire wrapped in a riddle inside an enema (oh sorry, I meant to say 'enigma'). Like Castro and the mythical Duracell Bunny, some things just go on ticking, and Sadam may be one of these. I don't know how any of this plays out for AMAT, whether or not we go to war with Iraq or what happens with Israel. Much easier to predict the effect on energy markets. Bush is probably willing to risk an Arab oil weapon backlash because the resulting spike in oil prices would be payback for his energy buddies. How much energy is in your portfolio? I know you live in a state which pays you an energy dividend. But you may want to go for energy cap gains as well. Sam

To: Jacob Snyder who wrote (62569)	4/2/2002 8:56:31 AM
From: robert b furman	Read Replies (3) \| Respond to of 70976

Hi Jacob, I have a good friend who lives in Fairbanks.I go hunting with him in your wonderful state every year. Last year I flew with an oil field roughneck who said BP was behind the environmental protests re: ANWAR. He said it was a joke BP is sitting on huge reserves close to ANWAR.Due to an agreement which controls the oil pumping they are working just several days a week because they are capped in production limits. I'd like to see All domestic oil projects get developed and then rely on foreign oil - buy from Mexico,Venezuela - HUGE NEW FINDS off Africa Angola and in the northern deserts of Libya and area all have proven to offer great finds. Drilling rigs in the Gulf of Mexico have provided structure for many more fish to thrive there than prior to drilling.It has been a conservationist's dream resulting in an enhanced fish populations. Bob I'd like to see us pull out of Middle East and watch the wealth decline implode the sick society greed has created.I wonder what would happen if a terrorists blew himself up in a mosque.I doubt there'd be much talk about is he or is he not a terrorist?gg I think those who complain about drilling in ANWAR should see how well the ALYESKA pipeline has been built. Needless to say Alaskans don't pay income taxes and not all that many know the state pays residents annually. Bob