Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: willcousa who wrote (9914)	5/20/2004 5:57:33 PM
From: Fred Levine	Read Replies (1) \| Respond to of 25522

My view has been influenced by Peter Lynch. Being a clear nontechie, I watch how many chips I use. This yr, a new digical camera, a TIVO, a GPS, a new cellphone, a Palm Pilot,and a LAN. I love each of these new products. Soon will be a digital TV--then HDTV. The number of chips in products is dramatically increasing. I also think of how many more chip devices that a sophisticated techie will use. I keep thinking of the old Barney's ad of the kids on a stoop in NY relating their ambitions and Barney-- the fat kid--says, "They're all gonna need clothes." We're all gonna need chips. fred

To: willcousa who wrote (9914)	5/20/2004 6:20:31 PM
From: robert b furman	Read Replies (2) \| Respond to of 25522

HI Will, I agree,This Iraq war/price of oil is a stagnating force to the global economy. Stagnating not because the recovery is stalling - but rather a diversion to the long missed feel good days. I just came back from Italy whre a litre of gas was 6.000 plus. Two buck gas is cheap and will not alter American preferences on vehicles.We are lucky we have space excepting urban areas and imports/cars dominate these markets already. During these times of major indecision - consolidation is the name of the game. In fact students of past markets would do well to note how often consolidation occurs on a percent of the overall market. Regretably we are in long term consolidation.During these time frames selling puts and or calls has great rewards.One thing for sure ,I want time premium decay on my side not against me. I've staggered some put sells out over the year and so far have had stock put to me at some below market unobtainable prices.If the market gets worse I'll cover the acquisition with a marginal loss.If we get a leg up prior to the election, I'll have nice "ADD TO" positions. Times od consolidation are perfect for selling puts and calls or both. Good to hear from you. Bob