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

To: roly who wrote (10154)	10/31/1997 2:17:00 PM
From: davesd	Respond to of 70976

A good post by Sam on deflation due to Asian overcapacity in general... techstocks.com dave

To: roly who wrote (10154)	10/31/1997 5:43:00 PM
From: Steve W.	Read Replies (2) \| Respond to of 70976

Roly, Thank you for your replies and $110 by 10-99 sounds great to me. Do you ever dabble in LEAPS? I had about 42K to invest and the best tech stock that jumped out at me was AMAT. On Tuesday when I bought AMAT was trading at about 33.5 so I could have bought about 1250 shares. But instead I got 30 of the 2000--35's at a price of 13.75 per contract. So now if we reach 110 before January 2000 the 1250 shares would be worth $137,500 but the LEAPS would be worth a minimum of $225,000 depending on how soon that fortunate # was reached there would still be some time value left also. Obviously the bad news is if AMAT is less than 48.75 in 1-2000 I will lose some or all of my $$ and not have the luxury to wait it out that the shareholder will. Thanks again.....SW....