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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (35390)	5/26/2000 6:45:00 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Jacob, Among others you said, "As those LEAPs were approaching expiration, the stock price appreciation during the 2 1/2 years you held the LEAPs was approximately........nothing." This reminds me of another Guy (not you although you also were against my AMAT LEAP Investment Advice to this Thread before) who accused me before of starting a Cult in this Thread about LEAPs. The Guy said his LEAPs became 1/16 each when he unsuccessfully tried to sell them. In reply, I asked him why he allowed his LEAPs to become worthless when there was plenty of time to sell them at a higher price and then Buy some more time by Rolling them over to LEAPs that expire an additional 1-year time... The idea as I told him is not to let the LEAPs become Short-term Options but Roll them over no matter what the cost (whether the LEAPs are losing or not at that time). As you know 6 months before expiration is when Options start to depreciate in value fast. A Snake move Sideways but AMAT moves YoYo Ways... Timing to Buy the replacement LEAPs as the stock goes down for the YoYo Drop, then selling the Old LEAPs as the stock returns Up for the YoYo Catch is a fine way to Roll over. As for buying at just a 10% discount, I do not put all my cash but wait for further discounts. That way I average down my investment. I play the AMAT YoYo Game all the time. Say, I buy some when the stock is declining for several days (YoYo Drop), then I sell some when the stock is going up for several days (YoYo catch). This way, after several YoYo Plays, the average cost of the investment becomes lower and lower. Getting the Cash as the stock YoYo Drops is of prime importance. Actually these Investment techniques I mentioned are only for AMAT. Somebody who uses them for other stocks may be doing them at their own peril.

To: Jacob Snyder who wrote (35390)	5/26/2000 7:11:00 PM
From: Jim B	Read Replies (1) \| Respond to of 70976

well I've got july 80 calls.. that are down quite a bit.. can someone explain HOW IN THE WORLD AMAT can move down to low 70s over the last 2 days while TQNT continues to move higher into the mid 80s?? this makes no sense.. I have TQNT puts and AMAT calls.. and TQNT goes up from $65 to $83+ ... who'd have guess both would move opposite of each other when they are in the same semi sector.. maybe I'm missing something... an TQNT has a higher PE if I'm not mistaken so AMAT should be more attractive.. but it doesn't seem to be by today's trading... thoughts? I'm really wanting to see AMAT over $100 by early July or late June.. think that's possible?? if so then it wont matter what TQNT does -- I'll still profit nicely. jim ps.. anyone thinking of grabbing QCOM at current levels too?