Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 154.78

-0.8%

3:59 PM EST

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To: Ian@SI who wrote (8403)	7/5/2000 8:54:36 PM
From: Jerome	Read Replies (1) of 10921

Recouperation of todays losses, can be helped with some well chosen options. If an investor believes that todays action was a terrible over reaction, then some corrective options are the order of the day. Without spending a great deal of money (less than $3,000) I intend to spend it as follows. Using just July option expirations Asyt 1 contract of the July 25's at 5 5/8 to 6....$600.00 LTXX 1 contract of the July 25's at 3 5/8 to 4....$400.00 EGLS 2 contracts of the July 20's at 1 3/4 to 2...$400.00 KLIC 1 contract of the July 50's at 5 1/2 by 6...$600.00 LRCX 1 contract of the July 30's at 3 3/4 by 4...$400.00 NVLS 1 contract of the July 50's at 4 by 4 1/2....$450.00 Total cost of the package about $3000.00 Of the above companies only LRCX and LTXX report earnings after options expire. Commission costs of $25.00 per contract are another cost factor. I do not know which which companies will rally the quickest. But this mix of options will generate profits with even a modest recovery. Other selections are welcome. Keep in mind that I've been wrong so often that I'm bound to get right just once. Regards, Jerome

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