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


To: Tito L. Nisperos Jr. who wrote (22337)8/1/1998 1:16:00 AM
From: Paul V.  Respond to of 70976
 
Tito,>AMAT's price gyrations, some may say, defies Logic... One thing I learned is it pays handsomely to buy AMAT when the decline from its All-Time-high is 50% or more... In this case 27 is Perfect!... (although if I have the money I'd still add to what I bought today at
34)...<

AMAT, defying logic, whether it runs up suddenly does the same thing when it turns South again defying logic. The question is why did it run up to $119 when you go caught and 108 when all of us got caught. However, if we bought low we still came out with Roses. Lester E. still said it best. Paraphrasing, "I am just a conservative investor in AMAT. All I know is that I invest in AMAT, the stock runs up and every two years, and my shares and my dollars double."

Not bad investment strategy for all of us during this technology explosion during the next years. Wisdom pays off.

BYW, CA has some of the same run ups and sell off like AMAT but does not have the same pattern of stair step movements and it is not the Gorilla that AMAT is.

Just my $0.02.

Paul V.