Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.36

+1.4%

1:22 PM EST

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To: Gottfried who wrote (25964)	11/4/1998 2:38:00 PM
From: Jacob Snyder	Read Replies (2) of 70976

re: hope you didn't sell your intc: Yes, I did, at 85 and 87 a few days ago. I made it my largest position in early June at 69, so I've made a lot of money on it. I feel safer holding cash than anything hitting a 52-week high. Still holding some intc leaps I bought at the same time, when the 100s were far out of the money. The only things I still hold are csco, and my call leaps (intc and amat), and my nvls puts as a hedge. I did add some nvls puts (June 35s) today. Double or nothing on my bet this is a false rally.

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