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Politics : Formerly About Applied Materials
AMAT 301.11+6.9%Jan 9 9:30 AM EST

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To: Jacob Snyder who wrote (10185)11/1/1997 8:13:00 AM
From: Steve Byers   of 70976
 
you're not wrong, there will be time to buy at 32 and possibly lower, there's still room in the market for a shakeout I believe and with the volatility in this sector, even if it goes to 37 this week, I still have an open limit order gtc for 31.5.... and whether it gets filled this week or next, or in Dec, or jan... I'm happy... don't chase it... be patient... however, in the long run... the $1 or 2 won't make a difference in terms of your multiple gains... but I'd sit tight and let it come to you... the other thought is to sell puts at 32.5 for nov... you'll get $2 or so premium and if the stock is there or below, you own it at 30.5... just a thought
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