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To: cardiologist to be who wrote (14253)11/14/1997 3:02:00 PM
From: IQBAL LATIF  Respond to of 50167
 
For me Amat earning visiblity for next six months is good the stock has been beaten down beyond six month visiblity- one of the most respected analyst Raj Ratnagan is accumulating AMAT- when you get 3$ you give up all the upside and still exposed to a downside which in your own opinion can be as low as 25- may be you can move out a month to Jan and may be get smae money for 40 in Jan or Feb but atleast you give yourself some room.



To: cardiologist to be who wrote (14253)11/14/1997 3:12:00 PM
From: Joe S Pack  Respond to of 50167
 
Cardiologist to be:
That is a strategy I am going to follow. But will wait till
next thursday. By thursday amat's direction will give clue. If it keeps going up till next Thursday you can write out of money CCs and still get a decent premium. But this involves some risk between now
and next thursday. Since they are going to announce on Thrusday after market close, they should have prewarned by then if there is going to be any downward surprise. So I assume either they will meet the number or beat it. I have cost dollar averaged to 34.75.
Let us hope for the next week.

-Karun



To: cardiologist to be who wrote (14253)11/14/1997 6:39:00 PM
From: stockvalinvestor  Read Replies (1) | Respond to of 50167
 
I doubt AMAT will go much higher considering that 45% of their sales go to Asia, Japan and Korea who are all suffering through very difficult times. I think estimates will be cut drastically on AMAT in coming days.