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: Michael R who wrote (11096)	11/14/1997 6:57:00 PM
From: VinWood	Read Replies (4) of 70976

Re:"this could be an astronomical amount of $$$ after just a few cycles" Looks like you've discovered the Treasure of the Sierra Madre. Take a look at the COMS LEAP for Jan '99,strike $50. In July people were paying $14 for it. Today you can buy it for $.50. Do you think it will recover by January so you can roll it to the '99 for $10? If I was you I would check how many LEAPS expire worthless before I got too excited.

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