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Politics : Formerly About Applied Materials

AMAT 259.15

+1.1%

Dec 22 3:59 PM EST

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To: Proud_Infidel who wrote (48636)	7/2/2001 3:28:07 PM
From: Jerome	Read Replies (3) of 70976

*Option strategy for Brian, Michael & AMAT LTB&H shareholders* Here it is Guys. Find the flaws: 1) When AMAT hits 48 buy 10 contracts of the AMAT 40's Jan 1904 ..Symbol LPJAG at a limit price of $24.40 per contract. 2) These contracts are $10.00 in the money so your cost is $14.40 per hundred shares You are 100% in the money when AMAT hits $64.00 per share. 3) On any given day when AMAT hits $55.00 per share sell ot 1000 shares. 4) When AMAT retreats for three consecutive days buy it near the close at whatever price. 5)Repeat steps 3 and 4 as frequently as desired No matter what happens here with AMAT your LEAPS will protect you from a runaway price gain on AMAT. I have not done this very often for Republicans in the past, but because we are all friends I will make an exception this time. (g) Regards, Jerome

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