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


To: Robert Einstein who wrote (14269)1/8/1998 10:44:00 AM
From: Alice  Respond to of 70976
 
Robert If you put the following(some of the informed posters here) into"People Marks"(go to one of their posts, click on their name and then click on People Mark this profile) you could cruise through their recent posts pretty quickly and get an idea of what people think about AMAT (short and long)Alice
akidron
Big Bucks Brian Kerecz
Cary Salsberg
Dave Dhillon
Eugene Kearney
Gottfried Mauersberger
Kumar Nathan
Paul V.
Tito L. Nisperos Jr.
Teri Skogerboe



To: Robert Einstein who wrote (14269)1/8/1998 10:49:00 AM
From: Paul V.  Read Replies (1) | Respond to of 70976
 
Robert, >
Hello Everybody,

I am student . I got some money from my parents. I was thinking of buying 2000 shares AMAT on margin and keep it for 2 to 3 yrs. Any guess where AMAT will be in 1999 2000.

Hope many people respond. Serious answers greatly appreciated. Please don't make fun of my english. It getting a lot better.<

Unless you have a steady good income and available sufficient credit at an local bank or another source to tap into if the brokerage company raises their requirements from 30% to 40% or 50% for a margin call (which they can do at any time) and you get a excellent low buy on AMAT I personally would not buy on margin. The Rule, "Do not get yourself in a position to have a margin call" is an excellent rule. But, the brokerage can raise the requirements on you and you can be forced to eat your lunch. Ask Brian? Additionally, you will be paying approximately 8.00% per month on the portion of the money which you borrow. Not bad if you are making 60+% on the stock but a drag if you are paying interest on the borrowed money plus having a loss on principal which you have invested plus the borrowed principal.

I perceive that AMAT should reach the $100 or its equivalent some time during or prior to the year 2000.

Ultimately, you have choices to make but those choices carry consequences, pro and con, depending on the variables.

Naturally, this is my personal opined interpretation of the DW Charts, caveat emptor.

Regards,

Paul V.




To: Robert Einstein who wrote (14269)1/8/1998 12:44:00 PM
From: 16yearcycle  Respond to of 70976
 
Robert,

First of all, no one should have given you that much money.<G> (that is a grin.)

Please do not use hard earned money to buy on margin when first dipping your toes in the investment water. If there is a worldwide economic recession, amat can drop below 20;it was at 11 just 16 months ago.You could lose it all. This is not about gambling; you are trying to grow capital.

Putting all that money into amat without margin is another matter altogether. If you have the courage to hold on for 3 years OR a 250% rise, you will do well, in my opinion.

You have endless other options that are safer than this.

Ask your parents what to do first.