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


To: Robert O who wrote (48699)7/4/2001 12:38:28 PM
From: Math Junkie  Read Replies (1) | Respond to of 70976
 
"Don't forget the old days when AMAT could rattle off 5+ points like Chicklets spilling into a waiting hand. Of course that was during a time when that might represent a 5% move not 10% ;-) If a writer gets caught flat footed he might click in at the end of a week and find his 3 premium received is now worth a good poke more than $3 to the holder. Indeed one day we will all collectively gasp when a big player's CC points to a recovery in earnest."

AMAT is volatile enough to go up 5 points at any time. However a sustained uptrend is not likely while the Global Billings Report is showing semiconductor sales falling at 7% per month.