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

To: Jacob Snyder who wrote (9635)	10/26/1997 2:00:00 PM
From: John E. Rylander	Respond to of 70976

Very nice comments, Jacob. Thanks. Your thoughts include one reason why I wish none of us bulls would go on the (personal) attack against the bears: if it weren't for bears, us bulls wouldn't be able to find bargains. (Indeed, were I cynical, I'd even encourage the bears on, for now -- more bargains for me.) --John

To: Jacob Snyder who wrote (9635)	10/26/1997 2:07:00 PM
From: Gottfried	Respond to of 70976

Jacob, you sure did give the subject of risk a lot of thought. Thank you for sharing the results with us! This post is a keeper, and not only because I agree with it. As for suggestions: have you looked at the oil service industry? It's not risk free, but consensus considers it a good investment with high earnings growth for a few more years. But I still worry, because consensus can be wrong. I have held Ensco for about 3 years. Most of the companies are represented here... quote.yahoo.com Many of these stocks are still undervalued. Regards Gottfried

To: Jacob Snyder who wrote (9635)	10/26/1997 3:05:00 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Jacob, for Short-term oriented Investors, the fear of Risk is a problem. For Long-termers like me, investing in a Stock that doubles every 2 years, as reflected in its Splits, Risk is not a problem to worry about. Long-term investing is like Gambling; but unlike gambling in the Casino Time is the Friend not the enemy of the Long-term investor... I remember that summer last year when I sold all my shares in AMAT to buy LEAPs (to expire in 17 months). From 4/share the Option went up to 80/share summer to the next summer. I sold at 23 and switch to earlier expiration dates (which I don't regret) but if I held on to the LEAPs, I would have seen just 5K of my money to have ballooned to 100K in just 1 year. The Option is just 18 1/2 now but a 5K investment that becomes 23K in 1 year is still Great...I agree though that the Long-termer should once in a while monitor his investments; and when the stock appreciates 100% in a year---he should perhaps liquidate half of his positions (the other half sell when the stock adds another 100% gain) then keep the money in a 5%/year money market fund to reinvest later when the stock declines, 45, 50, 63%...Then he could repeat the process again as he still have faith in the stock doubling every two years... For a Long-term investor like me, Risk has its rewards...