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


To: uu who wrote (23076)8/18/1998 10:56:00 PM
From: Gottfried  Respond to of 70976
 
Addi, please tell us how you really feel about Fleckenstein.<G> GM [eom]



To: uu who wrote (23076)8/18/1998 11:24:00 PM
From: David Semoreson  Read Replies (2) | Respond to of 70976
 
ADDI said: They know 2-3 years from now (or even 10 years from now) AMAT will most likely be at $100+-$300+/shr and that for them is worth the waiting and tolerating the volatility!

Yes AMAT will be over $100 one day, no argument. But did you notice it in the twenties this year? Were you here in 96 when AMAT visited $11 (split-adjusted)? AMAT will not make money for the next few qtrs; this is worse than 1996 and the price is triple, why?

Holding makes sense if you are long-term patient ... buying now is ridiculous.

Never fall in love with a stock.

IMHO,

** David



To: uu who wrote (23076)8/18/1998 11:45:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
Addi,

Re:And this idiot will cotinue to lose money big time just like he has for the past 3 1/2
years! He had a case if unemployment was high, there was a sign of inflation and there
was the slightest possibility that interest rates were going to go up


I agree in spades. I further do not understand the mentality of people like Uncle Fleck. The market on average is up 7 or 8 years out of 10 for the past 70. Why would you voluntarily get in the way of a freight train that has an 80% chance of hitting you? He further exacerbates his problem by betting on LT solid companies like DELL and INTC(and AMAT). In fact, I believe the former two have been his biggest losers.

BK