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.

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

To: Tito L. Nisperos Jr. who wrote (11274)	11/17/1997 3:44:00 PM
From: Jacob Snyder	Respond to of 70976

Tito: Please keep posting. I do not use your strategy, but I am considering it, and I value your input. I have noticed that whenever people have a sharp difference of opinion on something, they tend to think the other person has bad motives. For instance, the first analyst to downgrade in late 1995 was called a market manipulator, a fool, and similar things by dozens of posters. The criticism tapered off as the stock went from 50 to 40 to 30 to 22.

To: Tito L. Nisperos Jr. who wrote (11274)	11/17/1997 4:10:00 PM
From: Margarita	Read Replies (1) \| Respond to of 70976

Tito: There are two kinds of people the givers and the takers and you are a giver. Please keep on posting, I enjoy very much your point of view and all the good info you are sharing from your experience in investing. Good luck and happy trading.

To: Tito L. Nisperos Jr. who wrote (11274)	11/17/1997 4:25:00 PM
From: Carl H. Gotsch	Respond to of 70976

Tito: Your posts, with all the gory details of precise strike prices, premiums, and expiration dates, have engendered a lot of useful and good natured discussion. Where people have had a somewhat different take on things or felt that the scales needed a bit of balancing, that has also been done with good humor. Would that all threads were like that. I say this lest you think that your efforts have not been greatly appreciated. --Carl P.S. Periodic updates on the performance of the VPJAH Jan'99 LEAP calls will provide, IMO, an excellent case study. Just wish I had purchased mine when AMAT was at 29!

To: Tito L. Nisperos Jr. who wrote (11274)	11/18/1997 10:56:00 AM
From: Lester e.	Read Replies (2) \| Respond to of 70976

Tito, I'm too old to fool around with LEAPs, but I love to watch you do it. Those of us who have been early on this thread know what you post is hopefully for the best interests of all of us. We are cheerleaders when things are going good. We commiserate with each other when things are going bad. Thank you for all the encouragement that you have given me in the past year. I view you as a true friend. Keep up the good work. Lester e. .

To: Tito L. Nisperos Jr. who wrote (11274)	11/23/1997 11:41:00 AM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

To Anybody Who Bought AMAT LEAPs due to my Recommendations:--- The stock was 1/16 shy of hitting 40 last Friday but let's go on and update on our small investment, anyway. I missed taking note of the Bid price of the LEAP when the stock almost hit 40 (Bid price is the one where we sell at market)---but let's figure out things using the High at 10/share...To refresh your memory, we sold 100 shares of the stock at 29 and bought 5 Calls of the Jan '99 40 LEAPs (VPJAH) using the proceeds of the sale of the stock---2900 plus commissions for the sale of the stock and the purchase of the LEAPs to make it 3100 as total cost of the LEAPs... So, using 10/share, the value of our LEAPs leaped to 5000---a gain of 1900 or 61% from 3100...By comparison, the 100 shares (if we did not sell) could have grown to 4000 only (the High rounded to 40) with a gain of 1100 or 38% from 2900...So, as we can see, the LEAP is outperforming the stock in the Upside; but take note also that the LEAP will lose a lot compared to the stock in the Downside... For those of us who bought at 54 and have a paper loss of more than 45% when the stock Dipped to 29 (5400 to 2900), we almost got even at 40. That's what my saying---"When down, relax and think; rise up with a Kick" ---is all about... I won't encourage you to sell now---you might say later---"...it's Tito's fault..." if you miss some more in the Upside; but remember, you have all the opportunities to take profit now...We'll update again when the stock hit 45, 50...and so on...