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: Dom Sartorio who wrote (10887)	11/12/1997 11:06:00 PM
From: Tito L. Nisperos Jr.	Read Replies (2) of 70976

Dom, I agree that LEAPs depreciate quickly as the stock dives; but because their lives are longer, there's plenty of time for the investor to do something---whether to Roll-over or add more of them at lower prices to average down his cost of investing. I myself buy LEAPs that are Slightly Out The Money and shift to lower exercise prices as the stock gets lower.

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