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Politics : Formerly About Applied Materials
AMAT 327.03+2.5%3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (11351)11/18/1997 11:34:00 PM
From: BOGEY MAN  Read Replies (1) of 70976
 
TITO - you have created MONSTERS (ha ha)

i like the potential power of leaps and two weeks ago bot the J99 20 for $ 17 because i wanted more stock and didnt want to pony up the 30.

i am curious if a year ago the out of the money leaps carried as much premium as they do now. today the J99 35 is 10 which is a 11 premium over todays 34 1/2 closing.

AMAT EPS 10-97 1.35 10-98 2.13
with a 20% growth rate how high do we on this thread think this thing can go. what kind of PE does a stock like this warrant.

what are your thoughts on financing the leap calls by selling leap puts i realize this is very aggressive but if want in co. long term whats the harm. besides i frequent vegas regularly and would just as soon risk it where i have a decent chance of upside instead of none.

also looking at leaps on COMS which is priced same as AMAT leaps are comparable. COMS EPS 5-98 2.00 5-99 2.50 with growth rate of 30% for the industry.

what are your thoughts - tried E-mail but didn't transmit

TIA - frustrated golfer

bogey man
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