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

To: radman33 who wrote (23418)	8/27/1998 9:14:00 AM
From: Joe Sabatini	Read Replies (1) \| Respond to of 70976

>>I'm 24 and starting a new Roth IRA with $2000 I think a better choice would be the Vanguard US Growth Fund. This fund has always...I repeat always...beaten the S&P 500 over it's 10+ year history. The fund still only has 10 billion under management for some reason. And they only own the best of the best of the best (to coin a phrase from Men in Black) :) Joe S.

To: radman33 who wrote (23418)	8/27/1998 3:31:00 PM
From: Math Junkie	Respond to of 70976

One good rule is to never invest more than 4% of your total investment funds in any one stock. Obviously that's hard to do when you are starting out with $2000. One of the things you need to do is evaluate your own tolerance for risk. The great division of opinion on this thread should alert you to the considerable risk inherent in this stock. How would you feel if the stock dropped another 50% after you bought? Would you panic and sell out at or near the bottom? The stock is now close to retesting its old lows, and there is no guarantee that it will pass that test. On the other hand, being as young as you are, you have time to recover from your losses, and if the December lows hold, then this will turn out to a great time to buy. If you do put half in AMAT, then you should definitely consider a no-load mutual fund for the rest. Try to find one with low expense ratios. Vanguard has some good funds in this regard. You might consider their S&P 500 Index fund or their Total Stock Market index fund for maximum diversification.

To: radman33 who wrote (23418)	8/27/1998 4:34:00 PM
From: Martin A. Haas, Jr.	Respond to of 70976

Jay, if you want to invest in just stocks, may I suggest CSCO or DELL, as they are delivering consistent good growth results in earnings quarter after quarter. Although, they both trade at a premium, they don't disappoint. Both have had multiple stock splits in the past year. I'm in AMAT, but I think its dead money for awhile and it looks like its going lower (like low 20's). I'm patient and waiting for next big climb on AMAT. AMAT is a good value play, yet I'm also in DELL right now and enjoying the ride up. FWIW and good luck, Marty