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

To: orkrious who wrote (60484)	2/13/2002 6:56:04 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

Why did you hold a short through an earnings release? Unless you're an insider, you have no idea what the news will be. A huge unknown. And AMAT has been known to gap up or down after earnings come out.

To: orkrious who wrote (60484)	2/13/2002 9:33:43 PM
From: Cary Salsberg	Read Replies (1) \| Respond to of 70976

I have been following Silicon Valley tech stocks very closely since 1990 and I have lived in SV since 1976. It is interesting that you chose to short 3 of the 8 I consider the best technology investments.

To: orkrious who wrote (60484)	2/13/2002 11:36:47 PM
From: Paul V.	Respond to of 70976

orkrious, those oldtimes, Gottfried, Jacob, cary, tito have seen this amat as the norm of AMAT. It last two cycles started out at a low of $21.5 before running up to over $100 abd ti $230 during the last up cycle. Normallyl, it reaches its highs in Sept/Oct. Paul

To: orkrious who wrote (60484)	2/14/2002 12:05:49 AM
From: Jan Crawley	Read Replies (2) \| Respond to of 70976

Hi Ork, I am still holding the 1200 short-shares; but I do currently have a nice hedge - Message 16960297 (the post has an error, it's $11K for 13 puts). I can see that you are in a tough spot dealing w/all three of them since mid-day last Friday...are you very well capitalized? Why take such serious risk? I will most likely short a little more(such as 1K shares) tomorrow above $48/$49....I have a large trading portfolio and it's cash rich currently and I am more patient and careful. My reason for shorting Amat close to $49/$50 is simple...it has a good short-term-risk-reward ratio. (I had an expired limit day short today @48.44) Regards.