Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (8352)	4/17/2000 5:27:00 PM
From: Cary Salsberg	Read Replies (1) \| Respond to of 10921

I sold NVLS, ALTR, and MXIM today. I will not sell AMAT, KLAC, CSCO, GE, and most of ASYT because they are in a taxable account. The rest (EGLS, LRCX, SVGI, UTEK, ADPT, LSCC, XLNX, LLTC, SPCT, CMTO) will go, hopefully.

To: Jerome who wrote (8352)	4/17/2000 6:51:00 PM
From: Jerome	Read Replies (2) \| Respond to of 10921

Semi call premiums have never been better: Here's a math game even those with limited cash can play. Suppose that an investor has only 5 to 7 thousand dollars to invest but still expects a decent return. Pick any one of the four stocks at todays closing price. ASYT at 43 KLIC at 64 NVLS at 53 LRCX at 43 Chose a strike as close to ten percent above your purchase price as possible. For the following companies that would be: A May call: ASYT May 50's KLIC May 70's NVLS May 60's LRCX May 50's When the purchase is completed immediately write the covered call: Your net will be: ASYT May 50's.... 6 x 6 1/2 KLIC May 70's.... 6 3/8 x 6 7/8 NVLS May 60's.... 5 1/8 x 5 5/8 LRCX May 50's 3 3/8 x 3 3/4 Take the bid price unless the sox index is in a strong rally. If you get called out your gain will be between 18 and 22%. Note this works best during earnings time. For larger portfolios use only 25% of the portfolio each month. That way if the stocks rally strongly past the the strike price the other 75& of the portfolio will continue to gain. If it works for you give me the credit. And if it fails give me the curses. This makes the volatility of these stocks some what acceptable. Regards, Jerome