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

To: Jacob Snyder who wrote (10185)	11/1/1997 8:13:00 AM
From: Steve Byers	Respond to of 70976

you're not wrong, there will be time to buy at 32 and possibly lower, there's still room in the market for a shakeout I believe and with the volatility in this sector, even if it goes to 37 this week, I still have an open limit order gtc for 31.5.... and whether it gets filled this week or next, or in Dec, or jan... I'm happy... don't chase it... be patient... however, in the long run... the $1 or 2 won't make a difference in terms of your multiple gains... but I'd sit tight and let it come to you... the other thought is to sell puts at 32.5 for nov... you'll get $2 or so premium and if the stock is there or below, you own it at 30.5... just a thought

To: Jacob Snyder who wrote (10185)	11/1/1997 8:53:00 AM
From: Proud_Infidel	Respond to of 70976

Jacob, NEVER put a market order in when the market is closed. If it gaps up 2 or 10 you are going to pay that price. FWIW, the price you got is not great considering where the stock has been this week, but hold for a month or two and IMHO I do not think you will be disappointed. Regards, Brian