Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jacob Snyder who wrote (19978)	6/7/1998 3:28:00 PM
From: Henry D	Read Replies (1) \| Respond to of 70976

Jacob, you are right about long-term vs trading. i think i read in Smart Money that if you bought $10k AMAT in early 1990's you would have $900k (before the Asia currency crisis). Like you said, no guarantee we can say the same thing in 2008. But the semi-eqiup industry cyclical nature is so volatile that an astute (and extremely lucky) trader can make a fortune on longs and shorts in a few years. even if you bought AMAT in the 50's last fall and held on now, i am pretty sure you could sell it for a nice profit 2 to 3 years from now. Adding at these lows (i would wait til after summer though) and selling 2 to 3 years from now, i am sure you can easily triple your investment in my opinion. luck to all :-)