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

To: Paul V. who wrote (21293)	7/9/1998 2:06:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Paul, you've put your finger on it: each of us must make our own investment strategies. Before giving advice - if giving it at all - one should be familiar with the advisee's style and objectives. One method does NOT fit all. GM

To: Paul V. who wrote (21293)	7/10/1998 2:12:00 PM
From: Rick	Read Replies (1) \| Respond to of 70976

Looks like you got the "buy low" part right this time, but missed the opportunity on the "sell high" part. I am very wary of considering what your purchase price was in any sell decisions - it's really irrelevant. Granted taxes can be a consideration, but in general I think most people would make better trading decisions and have more profits by ignoring the entry point and tax consideration, and concentrating on the prospects for the stocks. Of course for a true long term investor - do they exist anymore ? - hanging on for the long haul is a great approach. Rick.