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Strategies & Market Trends : Tech Stock Options
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To: Ramsey Su who wrote (57902)11/21/1998 3:31:00 PM
From: Trey McAtee  Read Replies (1) of 58727
 
ramsey--

i increased my puts on AMAT on friday. i do not think the people pushing it higher have any idea how bad things are in the semi equip sector. i think they have heard the rubbish about the turnaround in semis (mu above 40) and have decided AMAT will benefit. unfortunately, thats just not the case...at least for another 3 q's.

good luck to all,
trey
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