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Politics : Formerly About Applied Materials
AMAT 301.88-1.0%Jan 14 3:59 PM EST

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To: Jacob Snyder who wrote (55587)11/14/2001 6:49:13 PM
From: Jerome  Read Replies (1) of 70976
 
Jacob... >>>: Why anyone would buy at these levels is beyond me.<<<

Its not beyond me or a lot of other investors. Consider this.

1) Buy AMAT one hour after the open.
2) As of today the AMAT DEC. 37.50 calls are worth $5.20 and the Dec 40's are worth $3.60 to $3.80.

This simple one month play is better than most CD's on an annual basis.

The program is to buy and cover immediately.

Regards, Jerome
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