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

To: runes who wrote (59345)	1/24/2002 5:10:23 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Runes, Instead of 20 Calls '04 60, I bought 10 Calls each for '04 40 and 80 (approximately the same cost). These Calls will replace some APRs to expire 3 months from now which are going to be sold when AMAT goes higher from now.. I bought 10 Calls '04 80 last week at 6/sh --- now it's 3.90/sh. It could easily be traded for a profit anytime --- without waiting for AMAT to reach 80. Also, I expect AMAT to reach 100+ again this Bull Market --- just like I expected 100+ each during the past 2 Bull Markets. That 100+ is only a guide, whether it is reached or not --- I see to it that by buying LEAPs I would still make money.