Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.41

+1.1%

Dec 19 9:30 AM EST

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To: Big Bucks who wrote (13044)	12/11/1997 10:53:00 PM
From: Lane	Read Replies (3) of 70976

BB and Thread: any suggestions on how to proceed...am holding puts that expire in Jan that will give me a cost basis of $34. Have a long term horizon...several years or more. Looks like these will get put to me..thats ok, but wondering what to do to take advantage of current prices. (should have waited for you!! Great call! ) Am almost out of cash now, but have credit that is usable until more cash available in 4 or 5 months. Can't margin any more naked puts. Agree that in next couple of years will be rewarded for having to tough it out for awhile...am chomping at the bit! All comments welcomed. TIA.

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