Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 220.28

-6.4%

Nov 20 3:59 PM EST

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To: 16yearcycle who wrote (29899)	5/4/1999 12:59:00 AM
From: Jerome	Read Replies (5) of 70976

Preliminary Estimates thus far. Applied Materials closing price on May 21 st. Gottfried.. 49 William ....57 Kearney.....59 Jerome......62 Kerecz......65 William Griffin 57 Jeffrey D....72 We probably should give anyone a chance to enter until this Friday's close. We haven't heard from Duker, Ian, or Justa. Based on these estimates I would be inclined to write a May 60 covered call for 4 or a May 65 for 2 1/2. I did notice that again today about 900 contracts total were written for the May 60's and the 65's. I don't know if these were covered calls or naked calls. It would be nice to know which of these were taking place. I'll resummerize again at the end of the week. Jerome

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