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 : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Burjis S. who wrote (14786)	11/19/1997 4:54:00 PM
From: Burjis S.	Respond to of 50167

Judy and OJ ........... "look into NSPK" Just tell them a friend said "Sotte Voce" and come back to thank me in a couple of months!! Best wishes and thanks once again...... Burjis

To: Burjis S. who wrote (14786)	11/19/1997 5:13:00 PM
From: Judy	Read Replies (1) \| Respond to of 50167

Burgis, if AMAT's forward guidance is anything less than rosy or hint of a stall, I'd sell in the money calls as the stock runs before the initial effect of good numbers wears off. A nimble trader would do a ratio-write, in this case maybe a 3-2 ratio write where one writes 3 covered call contracts per 200 shares. Or, just put the stock on the back burner and wait for the sector rebound to resume. But chalk the drawdown as part of tuition ... let quality stocks come to you. Remember, when the herd has seen the light and all SI is euphoric about a sector ... you are entering the last 20 percent of a cyclic run. Take care.