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

To: michael97123 who wrote (47426)	5/30/2001 1:49:24 PM
From: willcousa	Read Replies (1) \| Respond to of 70976

Once you become convinced this is a stock that will experience wide swings as a way of life then you can join those of us who play the swings. I rationalize what I do as a way to enhance my basic LT buy and hold philosophy.

To: michael97123 who wrote (47426)	5/30/2001 2:23:19 PM
From: Jerome	Read Replies (1) \| Respond to of 70976

Michael97123..... if you buy AMAT at these prices figure out ahead of time what you are going to do with it. the possibilities are limited to five choices. 1) Buy it for LT/B&H 2)Buy it for a covered call and cover immediately 3)Buy it for a short term trade (a little luck here would help) 4) Buy some shares today (write covered calls one month out) and also short an equal amount.(lots of luck needed here) 5)Buy some call options about 3 months out, paying as little as possible for the time premium. Jacob S. has a good feel for this stock... his opinion should be considered prior to shorting. Gottfried can create a few charts for you, but at this point the charts are like horoscopes, I'd stick with fortune cookies.......at least you can snack on the errors....:) Regards, Jerome