Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 319.11

+5.7%

3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (11092)	11/14/1997 6:39:00 PM
From: Michael R	Read Replies (3) of 70976

Tito, WOW. You are right. I have some 1999's now, so to mimic the extra long option, I would sell my 1999's sometime before they expire and reinvest essentially all the proceeds in new LEAPS. Theoretically, this could be an astronomical amount of $$$ after just a few cycles. If leaps become too popular, the premium will start to grow or nobody will buy the stock.

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