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Politics : Formerly About Applied Materials
AMAT 328.51+1.9%Feb 2 3:59 PM EST
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To: Tito L. Nisperos Jr. who wrote (4350)5/9/1997 1:52:00 PM
From: Global Investor   of 70976
 
Tito

I know that you follow AMAT closely. My gut instinct tells me that AMAT will go to 80 in no more than a year. However, having seen it gyrated to mid50s and down to mid 40s again, I am evaluating:

a. Buy, hold, and write covered calls. I did well on this 3 weeks ago.
b. Trade at perceived intermediate tops and bottoms.

Thank God that I have been able to resist taking profits after May 7, presumed effective date for capital gains tax.

Any guesses of whether it can cross 65?
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