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

To: Paul V. who wrote (29680)	4/22/1999 12:11:00 PM
From: Tito L. Nisperos Jr.	Respond to of 70976

Paul V, I don't know but like I acknowledged in the past, I tend to OverShoot by as much as 20% in projecting Top Prices. In 1997 I projected 126 instead of 108 and in 1998 60 instead of 48. If this trend continues, AMAT will Top at 100 to 104 or a little above that. (Maybe. I don't want to underestimate AMAT like what happened in 1995 when I was caught FlatFooted and agonizingly watched the stock shot up from 63 to 120)... Anyway I remind friends to reassess their positions once we get to 100. For example one who gets his 40K investment ballooned to 800K should consider keeping the 700K in a safety box and just play 100K to while his time while waiting to repeat his luck in the next Cycle.