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

To: Big Bucks who wrote (10851)	11/12/1997 7:57:00 PM
From: akidron	Read Replies (1) \| Respond to of 70976

*OFF TOPICISH* forgive my ignorence.... but didn't intc just buy a alpha technology from dec as part of the settlement... so how can it hurt them... surely they now have the choice to either kill it or exploit it... or am i missing something...

To: Big Bucks who wrote (10851)	11/12/1997 8:14:00 PM
From: Tech Buyer	Read Replies (2) \| Respond to of 70976

BB, I got 10 Jan 2000 AMAT Call 25 @ 14. As to "why?", it gives me more "BB" (Tito's term - Bang for the Bucks). If AMAT pops back up by several points within a few days, I'll dump them for a quick profit, then repeat the procedure. OK, I admit I'm not just a long-term investor (hey, trading can be fun! If it doesn't work out, just turn it into a long-term play!) I like getting 10 contracts at a time because it's convenient. I only buy in-the-money LEAPS (usually deep in) because the time premium is lower (it's closer to the break-even point at expiration) I also prefer the furthest expiration date available (Jan 2000), just in case things take longer than expected to improve. Hope this helps. TB