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

To: Jan Crawley who wrote (47793)	6/8/2001 9:16:15 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 70976

OT >> It's not very profitable, but it's been pretty good. What ya think? Hi Jan, I think you're up to your old tricks again. Good luck. I hope all is going well for you. Sarmad

To: Jan Crawley who wrote (47793)	6/9/2001 1:28:08 AM
From: advocatedevil	Read Replies (2) \| Respond to of 70976

RE: "It's not very profitable, but it's been pretty good. What ya think? " Jan, I think that if you can make a reasonable profit doing something you enjoy, then you've found a winning formula. What you refer to as "not very profitable" would rate a bit higher in my book (in terms of cumulative percentage gain). Best of luck to you... especially that 700 share short play ;) AdvocateDevil

To: Jan Crawley who wrote (47793)	6/10/2001 9:07:35 AM
From: Glenn D. Rudolph	Respond to of 70976

In addition to my recent AMAT short I have an on-going short-biased Amat position: - In early May I shorted 700 Amat above $53; - Wrote 6 may-50 puts for $3+ the following day. - On the Amat earning report day I wrote(sold) 3 Jul calls for $6 premium. - Then Amat went to 58 and I wrote 2 Jul-50 calls for $9.80(asked for 3 contracts but only 2 filled). - Pocketed the may-50 premium; $1,600. - then, Bot 600 Amat under 49 and sold above 51 - again, Bot 600 Amat under 50 and sold at 51+ - again, Bot 600 Amat back at 50 and sold at 53 - Bot back the same 600 shares under 52 and sold 500 shares today at 55.23. So again, I am 700 short, 100 long(plus the above options). It's not very profitable, but it's been pretty good. What ya think? Regards! Jan, I can't locate the Amazon shares you bought long last spring. How much have you made on them? Glenn