Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.2%

Nov 14 3:59 PM EST

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To: StanX Long who wrote (54635)	10/25/2001 1:01:05 PM
From: Jacob Snyder	Read Replies (3) of 70976

more thoughts on YLO.A: The other thing this does, is it puts a premium on paying attention and researching. There is a list of questions which need to be answered before investing in this: 1. what are the exact terms? That is, what exactly is the connection between the stocks and YLO.A? 2. who guarantees the terms will be met? That is, if one of the underlying companies goes bust, does Lehman still guarantee payment? What about if Lehman goes under? What is Lehman's debt rating? I know, this isn't likely, but the worst-case needs to be looked at.

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