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


To: Tito L. Nisperos Jr. who wrote (63898)5/23/2002 1:07:16 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
AMAT YoYo Demo —- Looks like the Risers and Steps above the Landing are going to wait till the second half of June --- just like during the last 2 Bull Markets when the Top of the Landings were at 72 each. This time the Top of the Landing is above 27. Amazing --- 27 is the mirror image of 72!

Investing is more of an Art than a Science. In Science, 1 + 1 = 2. In AMAT 1 + 1 is more like 11 --- just like when last time the stock started at 21.65 and ended up at 230 (115 pre-split) --- 11 times the Low.

The Scientific Formula PE Ratio doesn't work for AMAT and other Stock Dividend paying companies. The hist0rical PE for AMAT is from 4 to more than 400. The Inventor of PE who used it probably 2 centuries ago intended the Formula for Cash Dividend paying companies.

5/23/02 Bought AMAT 10 Calls Jun 22.5 @ 3.10/sh
5/23/02 Bought AMAT 10 Calls Oct 23.75 @ 4.20/sh