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

To: Jacob Snyder who wrote (13200)	12/13/1997 2:39:00 AM
From: Paul V.	Respond to of 70976

Jacob, Today I was speaking to a broker who bought for himself amat at $54 and margined on that amount. He is really feeling pain and is having to scrape to come up with additional cash to keep from having a margin call. He is a broker for a major brokerage firm. Guess having a brokerage licenses is no excuse for not doing one's homework. Also, today I had another broker give me a call asking me, "Is it now time to buy amat?" Do we pay money to brokers and analyst for advice? I question this reasoning. :) Regards, Paul