Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 325.15

+2.3%

3:59 PM EST

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To: Big Bucks who wrote (10831)	11/12/1997 4:22:00 PM
From: Joe S Pack	Read Replies (1) of 70976

I loaded some more. I am going to cost dollar average. I am not sure whether we reached teh bottom or not. But I am sure that we may never know the exact bottomI am wondering whether there is any leak on Nov. 20 earnings so that MMs have started selling in advance. In most situations prior week action indicates some forthcoming message. I hope I am wrong now. My reasoning is that if it pops before and around Nov 20th earnings, I will write covered calls and hope to get a buck or two back. All the best. There are so many companies at the lower end. I will put TXN, KLIC, KLAC etc in this league. I am not sure aboout INTC as there are getting more and more margin pressure from different quarters. On top of it, under $1000 pc is a reality and hence everybody will try to reduce their margin. -Karun .

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