Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.87

+4.6%

Jan 2 9:30 AM EST

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To: Gottfried who wrote (41236)	1/2/2001 9:33:55 PM
From: Jerome	of 70976

More accurate AMAT option prices. I looked up the AMAT 2003 50 calls todays price was 12 3/4 by 13 1/2 this means that AMAT would have to got to 64 before you would make a dime. AMAT would have to rise over 50% for this to be profitable. The Jan. 2003 30's were traded at 20 3/8. ( more expensive than I thought) Lets say that AMAT gets back to $70.00 per share. Bush gets his tax cut and Greenspan gets replaced. The Jan 2003 50's will give you a profit of $700.00. (50 strike plus $1300 ='s $6300.00. The Jan. 30's that you paid $2000.00 for will be worth $4000.00. Which bet do you want to take? All opinions welcome. Regards, Jerome

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