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

To: Jacob Snyder who wrote (24386)	9/17/1998 7:49:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Jake and All, Taiwan Chip Maker Halts $14.5 Billion Plan techweb.com BB

To: Jacob Snyder who wrote (24386)	9/17/1998 10:18:00 PM
From: Duker	Read Replies (1) \| Respond to of 70976

Nope. I was not being flip. I could not agree more. It is refreshing to hear that you are not of the: "I'll back up the truck below $30 club...who re-evaluate below $30...and lower the truck depot level to $27..who re-evaluate below $27...and lower the truck depot level to $22...who re-evaluate below $22...and lower the truck depot level to $20...who re-evaluate below $20...and lower the truck depot level to $15...." Of course AMAT can go lower from here. It can go down about $24. The beauty of investing is that stock prices do not move in a vacuum. I can add to my position at $20, $15, or $10. People with time windows that fall a tad short of any longer-term investment horizon are not afforded such a luxury. There is nothing wrong with their type of investing/trading. I, for one, am much more comfortable with my imprecise and patient method. At least I know that I will ultimately own a fine company and, with a little luck, will be able to do so at even lower prices. There is no such guarantee if you are waiting for "the perfect time." IMHO --Duker

To: Jacob Snyder who wrote (24386)	9/17/1998 11:04:00 PM
From: akidron	Read Replies (1) \| Respond to of 70976

Jacob, let's say you buy at 26 and it goes to 12, isn't that pretty much the same disaster as buying at 54 and capitulating at 26. It's not that I don't respect your opinions, because I do. It's just that I don't really understand the 'it's lower so there must be less risk' argument at all. it's lower because it reflects a small portion of the reality, but given that the market and it's market are far in a far worse state than 95' its not even close to being low enough.