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.

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

To: Tito L. Nisperos Jr. who wrote (37954)	10/7/2000 2:23:59 PM
From: Gottfried	Respond to of 70976

Tito, see how useful our conversations here can be? :) G. [end]

To: Tito L. Nisperos Jr. who wrote (37954)	10/7/2000 7:38:11 PM
From: Proud_Infidel	Read Replies (4) \| Respond to of 70976

Tito/All, I received this via email; since I am not one who trades options regularly, I don't think I am in a position to comment. But he(and I) would appreciate hearing what you have to say. BK ****************************************** I have been lurking on the amat thread since 1996 and have gained a tremendous amount of knowledge from the discussions that have taken place. I would like to thank you and all the other posters. I know Tito is the master of the leaps, but i would like to sound you out about this stategy that i have used. When you think you are near a bottom(hopefully soon) sell the furthest out leap put you can. Sell the 130 put for January 2003 for $76 based on Friday's close. Lets assume you sell 10 contracts. Your brokerage account will be credited with $76000 that will be restricted, but you will be credited wirh interest (currently @ 6.125%) . In addition you have to put up eqiuty of 20 % of the underlying value of the stock ($10,800 based on the closing price of amat) plus $800 for each point the stock drops from $54. For each point the stock goes up in value from $54 you can withdraw $800. You can close the position at any time. At the current price there is no premium in the put, but as the price rises premium will come into play. The best case would be if the stock closed at $130 in January 2003. Your profit would be 76,000 plus interest of 10,474 (assuming an interest rate of 6.125%). If the stock closed at $40 you would lose $14,000 which would be the same if you held your stock. I would appreciate your comments. I tried to post this on siliconinvestor, but do not know how to post. Hardingwg@aol.com

To: Tito L. Nisperos Jr. who wrote (37954)	10/10/2000 3:19:43 AM
From: Paul V.	Read Replies (4) \| Respond to of 70976

Gottfried, Tito, Big Bucks, John L. and others, Since AMAT hit $51.625 today it is off approx. 54.15% from its highs. How, low can we expect it to go. Any ideas? Looking at AMAT again. However, the BTB, Orders and Shipments still seem high. Gottfried, I see that you have been posting on the LU site. Any ideas regarding LU since they have spun off Avaya Communication leaving them with the optical part of the company. PS. I just completed the structured wiring of my smart house. Hopefully, I will be in by the middle of November. Any suggestions whether I should go with Satellite (TV and modem), cable or the 56 K modem? I hear that Hughes is coming out with a 500 K satellite modem. Your responses are appreciated. Thanks. Paul