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

To: Big Bucks who wrote (9578)	10/25/1997 10:03:00 PM
From: roly	Read Replies (4) \| Respond to of 70976

BB and Dave No problem with Dave's position at all. Don't get me wrong. I'm just wondering what I have to do and what is his advice or your advice with all the massive posting predicting the gloom and doom of the semi group. 1. Do nothing and wait for the stock to come down more. 2. Sell Here's my problem to the above. If I do nothing and wait for the stock to come down, will the stock come down? Don't you think it is a good buy now? Can anybody gurantee the stock will still come down Monday or when? If I sell, I pay taxes to whatever gain I have and where will I put the money from the sale that will give me a better return than AMAT? If I buy and hold, First I believe I'm getting discount because others had paid for this stock at $52 and now it's $33. Don't you think it is a good buy? Further, history proves this stock has one of the best return. So, I'm all ears from Dave or you. Thanks. Roly

To: Big Bucks who wrote (9578)	10/26/1997 1:04:00 PM
From: Alan Siegal	Read Replies (1) \| Respond to of 70976

BB, << Remember the main law of investing, buy low - sell high!! >> Is that still the law? It might have been written before income taxes went into effect. I usually try to buy low, and then borrow against high equity, enabling me to deduct the interest payments from my taxes. Not as elegant an adage, but maybe more attuned to the times. -Alan At the begining of modern chess (Paul Morphy), the strong player occupied the center and threatened the opponent. In the twenties, they sought to control the center and threatened to threaten the opponent. When I was a kid you threatened to control (not occupy) the center and either parried a threatened threat, or just threatened to parry it. I can't play the game any more 'cause I just can't figure out what the hell these young people are doing! (this diatribe only threatens to be tangentially related to the topic) Do you know the C language? Is C++ worse?