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To: Jacob Snyder who wrote (40)4/8/2002 4:00:54 PM
From: Jacob Snyder  Respond to of 13403
 
AMAT short position:

Still holding at the close. In the last half hour, when it went against me, I would have been willing to cover at 52.5, but it didn't happen. I'm willing to hold a large AMAT short position overnight, as I think the odds are greater, of bad than good news happening overnight (not just today and AMAT, but in general).

I'd short more if we hit 55. Cover in 50-52 area.