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


To: jtechkid who wrote (19949)6/5/1998 2:06:00 PM
From: Orhan Birol  Read Replies (1) | Respond to of 70976
 
Yes, they put a buy on the group the day I bought puts on AMAT @39,
KLAC @42, INTC @ 85 and isn't strange that I work for Advest? By the way I was not even aware they had recommended the group! If I had not kept rolling down these puts I would have made $40,000 on an investment of $9000. Still ahead $8000.
Good luck,
Orhan



To: jtechkid who wrote (19949)6/7/1998 12:40:00 AM
From: DrA  Respond to of 70976
 
Hi kid,
Yes, what an acting art.But Idid not fall for it. i got out on april 27th at 35.5 thanks to rational people like you who made me see the difference between fantasy and real world.Dont get me wrong. I am long term optimistic on AMAT. I took a wild ride from 22.5 to 55 and down to 30s. Now i know buy and hold is a nonsense for this kind of stock where MMs and public have a love hate relationship. Where are the poor souls who bougt at 38.5 one month ago? Now they hate the stock.IMHO real buying will start at 24 to 26 when another acting show by Morgan and incompetant analists will fail to cover up poor earning prospects
for the rest of the year.All analists covering AMAT lost their credibility repeating their buy after the cc.[except KURLAK].WHAT A BUNCH MORONS.What is your entry point? good luck all.