Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 312.02

-5.0%

2:02 PM EST

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To: Tito L. Nisperos Jr. who wrote (4534)	5/15/1997 5:02:00 PM
From: David Semoreson	of 70976

I was lucky enough to get on the AMAT train in September. My only regret is that I bought the stock instead of LEAPS. Now I'd like to maximize leverage with way-out-of-the-money LEAPS, but the highest strike offered for Jan-99 appears to be 70. That was high before, but not after today! With these prices in the 60's, will higher strikes be coming?

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