Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.3%

Nov 14 9:30 AM EST

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To: Big Bucks who wrote (24161)	9/11/1998 5:51:00 PM
From: Fortinwit	Read Replies (2) of 70976

BB, all: I got a late afternoon fill on the Jan 25 puts @3 3/8. Looking to increase my position next week on any bounces. Captain Morgan knows the masts were taken off on the last pass. Everyone I talk to in the equipment business says the same things that we're hearing from Herb Greenberg and Scott Kulicke: it's dead out there. I expect further order weakness to be reflected in the next B2B, and another downward (perhaps the bottom?) leg to $18 by November. At $18, I'll be selling the puts and looking to enter Jacob's LEAPS. F.

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