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

To: Tito L. Nisperos Jr. who wrote (10545)	11/8/1997 6:13:00 PM
From: akidron	Read Replies (1) \| Respond to of 70976

my point about disclosing where ones money is, is that it makes the posts more usefull. as is the case of your reply. I was under the impression you were long the stock like 10,000 shares. In fact you trade a lot like me. I bought 2000 shares stock @ 26, sold everything at 100. bought option before every earnings report since july 96, sold all for profit. however i often do let options expire as i use option sometimes to give extraordinary upside potential that does not always materialize, most recently coming unstuck on COMS and an squeeze on their last earnings report, which like amats came a day before expiration.. one of the reasons i like disclosure is it helps stops bulls and bears jerk themselves and others about with useless prediction, and promotes impassioned discussion of investment stratergy that can help us all make $ which is the point.

To: Tito L. Nisperos Jr. who wrote (10545)	11/8/1997 8:59:00 PM
From: Paul V.	Read Replies (2) \| Respond to of 70976

>that is after splitting the gains in half with me and helping me shoulder the taxes later on...< Tito, Lester, Ricardo and threaders the tax question is always the big issue and was the big reason that I did not sell. To have sold would have placed me into the 39.9 tax bracket. I do not mind paying uncle sam 20% or even 28%, but 39.9, no. Getting in with a postsplit cost of $13.5 and viewing the upside/downside beneifits it was best for me to go for the long term and the new upward movement in the near future and possibly beyond the next upcycle. If there happens to be two more 2/1 splits in the next five years my cost would then be $3.375 when my wife and I are both in retirement. My long range plan is how many splits and years do I and we long term investors like Lester, Ricardo and others on this thread go through with such an excellent company. If CEO Morgan is correct the next 12 years could be extremelyl rewarding. IMO, the smart investor should never forget the phrases of "compounded interest plus time" and the "Rule of 72." The key is to get the lump sum, make steady deposits of increase that lump sum, obtain the rate of return on ones investment, buy low and sell, pay as little taxes as possible, and ultimately do the research and share strategies, concepts research with each other on this thread. I am amazed as to the excellent talents and experiences that we have on this amat thread. Just my opinions. Paul V.