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

To: Paul V. who wrote (63916)	5/20/2002 12:25:19 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 70976

re: you purchased AMAT during latest bottom in the 20's. Why? Because I know that all my guessing and following trends and looking at charts and calculating valuations, etc., etc., is going to get me in the ballpark vicinity, at best. Yes, I thought AMAT should have bottomed at a lower price, and I was wrong. But I got a lot of shares (not as many as I would have been willing to buy) anyway. Buying in increments, within a wide range, makes my buying (and selling) methods more idiot-proof. The other reason for buying AMAT and others in late September to early October 2001, is that I saw the Nas making an elegant double bottom with the 10/98 low, and I thought we were seeing an episode of panic selling that wouldn't last. So I took what the market was willing to give me.