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Politics : Idea Of The Day

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To: Jerry Olson who wrote (14931)	11/21/1997 9:35:00 AM
From: Joe S Pack	Read Replies (1) of 50167

OJ, I was little bit lucky. I sold lot of OT calls on my positions INTC (LEAPS), IMRS (feb 30 calls), IBM (jan 120 calls) and was not patient enough and did not want to take take risk on AMAT made CC and PP for a net gain of 0.50cents pershare which brought my cost dollar average on AMAT shares. I did not hear the conference call. But all the indicattions are that it propoell the tech sector (Semi's, Nets and Computer) to a better position. One interesting note is how AMAT is married to non american economy, (AMERICA 29% versus 71% all of Asia, and Europe). So we like it or not this is going to be a bell weather company for international technology trend. I will make some more stradle today on AMAT leaps. BART wellcome back. We were worried whether you are addicted to that daytime trading terminals. -Karun

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