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

To: cardiologist to be who wrote (9750)	10/27/1997 2:03:00 PM
From: akidron	Respond to of 70976

my feelings are mixed. i sold near the top, but got back in too early and am looking to double up on a truely cataclismic over-reaction... which is 29.5. i am playing with realized profits tho so it gives me a slightly different perspective. that said i wouldn't wish the past few days on anyone fully invested. my only advice is stay the course. to panick is human but not a good idea.

To: cardiologist to be who wrote (9750)	10/27/1997 2:49:00 PM
From: Tech Buyer	Respond to of 70976

>>hows about some other input from the amat regulars or is everyone too shellshocked to talk today.<< I'm not shellshocked at all. I have never sold a single share of any stock for a loss, no matter how doggy the stock appeared to be (they all came back up eventually.) I certainly would never consider selling AMAT at a loss (then again, I'm not on margin and still have cash left.) My strategy during these down period is to sell covered call options to get some extra monthly income. I would always pick a strike price that's above the cost of the shares. Admittedly, it is a little hard to pick a decision point when the price is in a downtrend. TB