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

To: 16yearcycle who wrote (10845)	11/12/1997 7:34:00 PM
From: akidron	Read Replies (1) \| Respond to of 70976

Timed the top well... have made a bad job of the bottom, because I really don't think this is '95. Sold 2000 shares at the top have bought back 1000 of the split variety at 40 and 30 7/8ths I guess that means i'm half in at 35 ish. My idea was until today to go back in at 28 and if it got there 25 or some time on the way back up.... to end up with the stake I sold at a 40% discount... seemed like a bargain at the time.... still seems like a bargin... yet today I didn't even think of putting the limit orders in. Why? dunno, as I said I don't think this is 95 all over again... the eauropeans are building fabs like cities over here are building stadiums... it will from everything I've seen and heard bridge the gap in SEA fab spending (if it comes) wonderfully and tide us over to 300mmb etc,. So why am I hestitant to go back in... It's this feeling I get that one of the big boys is going to kick the stock when its down. We know its not going to be GS, and I doubt its going to be either MS or Lehman... But ML, I just don't know. I'm sorry if this is not very scientific, but I'm more of a hunch kind of a guy. And seeing as I would have been very happy to buy the stock at these prices a few weeks ago, i've decided to see if the kick comes knowing if it doesn't I'm decently placed.

To: 16yearcycle who wrote (10845)	11/12/1997 7:45:00 PM
From: Tech Buyer	Read Replies (1) \| Respond to of 70976

>>This isn't hype.This recent pasting is delaying the inevitable. The probability of AMAT e 3-5 dollars per share within 4 years is about 100%,imo. In the meantime, no one should buy or hold this stock if they can't tolerate a 60% decline. Furthermore, if they don't add to their position if that type of drop occurs, they need to own another stock.<< Well said. The wimpy hands are being bluffed out right now. I added 10 LPJAE @ 14 today. Plan to add more LEAPS at each 2 point drop in the stock. TB