Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.34

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3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (10950)	11/13/1997 3:45:00 PM
From: VinWood	Read Replies (2) of 70976

Re;"we can set aside 5K in LEAPs and gain in our investment 50K a year" If it was that easy everyone would be doing it. LEAPS do not always appreciate. They can be quite a gamble. Take for example the COMS Strike $50 Jan '98 LEAP. Early this year I bought it at $.75, in July I sold it at $14, today I notice it is down to $.50. I was just lucky I bailed in time. I have followed LEAPS for many years and it is not the candy store you imply.

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