Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 319.11

+5.7%

Jan 15 3:59 PM EST

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To: Scott Brooks who wrote (11060)	11/14/1997 12:00:00 PM
From: Tito L. Nisperos Jr.	Read Replies (2) of 70976

Scott, one doesn't need to to wait for the stock to go to the 100s in order to profit from LEAPs. One may buy early today at 32 and then sell anytime the stock hits 33. I recommended LEAPs because it is a powerful vehicle to ride from the depths of the hole to the open air. My stocks were down 77% at 23 but came back strong with a 30% gain (instead of a 77% loss) at 38 because of my replacing the stocks with LEAPs. Knowing that AMAT does double in value every 2 years (the 2 for 1 splits as a guide) the opportunities are there to come back strong or get-rich quick in AMAT LEAPs without risking so much money---all the investor needs to use is 5K to make it 100K in 1 year if the stock duplicates its recent feat of gaining 400% from the lows;--- but it rest on the investor's buying and selling moves to realize his goals...A word of advise:---if you are in doubt, don't do it...

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