Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: michael97123 who wrote (56189)	11/26/2001 3:11:34 PM
From: Jacob Snyder	Read Replies (1) of 70976

ST trading: I expected a stall around 40, and that's exactly what has happened. Yes, if the market goes higher between now and January, it will pull AMAT along with it. But, IMO, it'll be given back quickly. At prices above 40, the risk/reward is not favorable for AMAT. Since I don't want to sell my stock, selling covered calls is the next best thing. Going strong into the close, I may get my price today.

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