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: Brendan O'Connor who wrote (1732)	8/16/1996 9:28:00 PM
From: HIEP NGUYEN	of 70976

Your opinion is greatly appreciated... I bought AMAT @34 month ago. Realize the semi equipment is not going anywhere for while. I sold my covered July @30 optin and collected $6 premium. Right before my option expired, AMAT was testing 30 level. I knew it would dropped further, I then bough a July@27 put. I made a $1 on that put. Now it is trading at $25. With summer time still around the corner, B2B still low. I am seeing AMAT is probably testing low level of 20 due the book value of appx $12. I am a firm believer in AMAT. What is your opinion ???

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