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Politics : Formerly About Applied Materials

AMAT 256.89

-1.2%

Dec 31 3:59 PM EST

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To: Ramon V. Frias who wrote (10242)	11/2/1997 10:41:00 AM
From: Tito L. Nisperos Jr.	Read Replies (1) of 70976

Thanks to Ramon, Steve, Dave and others who contributed their knowledge about LEAPs. I encourage everybody to share their views. We could scare each other on short term developments (the more scary the Roller coaster ride, the more thrill we get) but let's concentrate more on how to make money. AMAT LEAPs is a tremendous wealth builder. A 40K investment in LEAPs--- bought in Aug last year (when the stock was at 23) and sold this Aug, only one year later at the stocks highest price at 108,--- could have ballooned to 800K. Knowing that the stock doubles every 2 years (easily figured by taking note of the frequency of 2 for 1 splits) and also knowing that the stock can Dip 45 to 63% every year (2 consecutive years now), LEAPs is an easy way to get rich ( I haven't bought any Lotto tickets since I've known the power of LEAPs)...

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