Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 327.01

+2.5%

Jan 16 9:30 AM EST

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To: Proud_Infidel who wrote (10980)	11/13/1997 9:06:00 PM
From: Steve Byers	Read Replies (6) of 70976

I certainly hope so (that the market uptrend continues AFTER Nov 20)... I'm down 200K in three weeks and have loaded up with nov 30 and 32.5 calls, sold 32.5 puts and jan 40 puts... long the dec 37.5 calls and long the underlying in a big way... I'm just saying that I think there COULD be more downside and the stock COULD go to low 20's, but hope things hold together for at least the next week... PLEASE... but it COULD go lower here due to market exogenous events... we'll see, but I'm WAY long here... just a tad cautious though

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