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

To: Tito L. Nisperos Jr. who wrote (11370)	11/19/1997 8:35:00 AM
From: Tito L. Nisperos Jr.	Respond to of 70976

Bogey Man, to continue with my reply (my son who have a homework to do kicked me out of the computer last night)---the LEAPs with 20 as exercise price is very suitable to trade short-term in that it is so deep In The Money that it closely mimic the Up and Down movements of the stock...AMAT LEAPs are more popular now than last year so as to have more Time premiums in them which is Not a disadvantage if we do not hold them close to expiration where they start to lose Time value quick; I suggest selling the LEAPs 5 months or more before they expire---from Apr to Aug before the earnings report, then buy another with additional 1-yr life if we want to roll-over our investments...Although I don't follow COMS now, I think the company is growing rapidly---it has a little room to wiggle in Santa Clara and the next step is to build a facility here in Milpitas less than 5 miles away (CSCO and COMS have vacant lots ready to build pending resolution of a problem about traffic in the area, close to each other here in Milpitas). I was thinking of buying LEAPs for COMS when the stock went down to 25 but was so focused on AMAT that I missed the opportunity. The thing to remember is to buy LEAPs of companies that have the ability to come back from the depths of a hole to the open air---like AMAT that comes back to hit New Highs again and again...