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


To: Sam Citron who wrote (62583)4/2/2002 1:39:32 PM
From: Sam Citron  Respond to of 70976
 
<edit> A triple within 4 years would be a 32% CAGR, not 22% as I stated above.



To: Sam Citron who wrote (62583)4/2/2002 1:40:30 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 70976
 
I am sitting on cash now and my original target has run away! My postulation was the most positive scenario I have seen adjusted for what I believe is a more realistic time frame. The "volatility" I am expecting and my Covered Call strategy is based on the current high valuations, the uncertain magnitude of the recovery, and the uncertain time frame.

This is not an easy time for an aspiring LTB&H investor. Last year everyone complained that I didn't act on my convictions. This year I have added covered calls and I will put my convictions to an active test.

You all benefit by having my polemics replaced with a regular stream of FWIW facts.



To: Sam Citron who wrote (62583)4/2/2002 1:59:11 PM
From: Return to Sender  Read Replies (1) | Respond to of 70976
 
Is your rally cap on? I think your buy this morning was a good one despite high valuations. There is of course a lot of bad news out there right now in a number of industries but once earnings begin to be reported the story could easily change.

Time will tell.

RtS