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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (106)	10/28/2001 9:18:28 PM
From: Proud_Infidel	Respond to of 25522

Anti-Terror Tools Include High-Tech By TED BRIDIS, Associated Press Writer WASHINGTON (AP) - The government's pursuit of terrorists is relying heavily on sophisticated technology, from software that automatically translates foreign communications on the Internet to a device that secretly captures every keystroke a suspect makes on his computer. President Bush signed new anti-terrorism legislation Friday that enabled law enforcement to rely on these tools more freely, and the Justice Department immediately sent instructions to prosecutors. ``A new era in America's fight against terrorism ... is about to begin,'' Attorney General John Ashcroft pledged. Over the weekend, top Justice lawyers in Washington e-mailed the most cyber-savvy federal prosecutors around the country, describing in more than 30 printed pages how they can use the government's high-tech tools in new ways. The e-mail, reviewed by The Associated Press, outlines new guidelines, for example, for operating the FBI's Carnivore computers, which capture suspects' e-mails in ways that require only perfunctory approval by a judge. Another section says that in rare cases police can now secretly search a person's house without telling the homeowner for up to three months. During one of these so-called ``sneak and peek'' searches, authorities would secretly implant a hidden ``key-logger'' device. The FBI acknowledged making five such secret searches before it installed its snooping device in a recent gambling investigation. The key-logger, hidden inside a computer, secretly records everything a suspect types on it. The device lets authorities capture passwords to unscramble data files in otherwise-unbreakable codes. Bush said this weekend that new anti-terrorism laws were needed because modern terrorists ``operate by highly sophisticated methods and technologies.'' The U.S. government has its own share of gee-whiz gadgetry - enough for a season of ``Mission: Impossible.'' The CIA is rushing to teach its computers how to better translate Arabic under a young program it calls ``Fluent.'' Custom-written software scours foreign Web sites and displays information in English back to analysts. The program already understands at least nine languages, including Russian, French and Japanese. Another CIA breakthrough is ``Oasis,'' technology that listens to worldwide television and radio broadcasts and transcribes detailed reports for analysts. Oasis currently misinterprets about one in every five words and has difficulty recognizing colloquial Arabic, but the system is improving, said Larry Fairchild, head of the CIA's year-old Office of Advanced Information Technology. In a demonstration earlier this year at CIA headquarters, Fairchild showed early plans for ``CIA Live!,'' which lets CIA experts send instant messages and collaborate on reports and maps across the agency's ultra-secure computer networks. The FBI and police in Boston and Miami, Fla., are using powerful software called ``dTective'' from Ocean Systems Co. of Burtonsville, Md., to trace financial transactions linked to last month's terrorist attacks against New York and Washington. The software, which runs on highly specialized, $25,000 equipment from Avid Technology Inc., dramatically improves grainy video from surveillance cameras at banks or automated teller machines. It can enhance images, for example, that were nearly unusable because of bad lighting. ``Sometimes we're amazed at the quality of the image,'' said Dorothy Stout, a top specialist at Veridian Corp. in Oakton, Va., who teaches police how to use the video system. Other tools help her rebuild videotapes that have been burned, cut into pieces or thrown into a lake. ``It's quite time-consuming,'' she said. At U.S. computer-crime labs, including a cutting-edge Defense Department facility near Baltimore, technicians rebuild smashed disk drives from computers. They also use sophisticated commercial software, called ``Encase,'' which can recover deleted computer files and search for incriminating documents on a seized computer. Experts are hard at work in the FBI's headquarters in Washington, using Encase and other tools to examine computers seized after the Sept. 11 attacks.

To: Jerome who wrote (106)	10/28/2001 9:18:40 PM
From: Jerome	Read Replies (2) \| Respond to of 25522

The Plan for week. Some things become obvious at the time it becomes almost too late to profit from them. For the last 8 trading sessions the so called talking heads issued the balm...buy the dips...but for the most part the dips did not show up. This rally has got legs. Using four stocks from this group AMAT, KLAC, NVLS, and LRCX here is how I intend to play them. There are only three possibilities. 1) go long the stock, 2) go long the option, 3) Short the stock with a covered call. Amat...Buy under or at the 35 price, and hold until earnings are released. If AMAT drops below 35, buy some Nov. 35 options. If AMAT gets 41 write the 40's for Nov. With LRCX use the same plan but use the $20.00 a share stock price. This seems to be the least stable of the semi stocks (it rises slower and falls faster than the others in the group) NVLS... $35.00 is the magic number Use 35 as the price for option purchases, and use 40 for the covered calls. KLAC.... Buy at 44 and immediately write the 45's. Good earnings report and a nice run up so far, If you do all four stocks take some profits immediately. In this manner if the market does turn south on a few minutes notice you will have locked in some profits. Jerome