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: Lane who wrote (13288)	12/14/1997 9:26:00 PM
From: Lee Penick	Read Replies (2) \| Respond to of 70976

Hi Lane, Yes I am overextended in INTC. I didn't buy AMAT til recently, but I've taken a good paper loss on INTC so far. The future looks bright, but the present is painful. AMAT option premiums are much higher though, so I'm playing the options over here. Trying to roll mine for credits tomorrow, AMAT and INTC. The one thing I don't like about the Puts is that when marked to market, it sucks up a lot of margin ability. I have no fear the stock will go up eventually, but hate the drag on the margin. Don't think I would have learned that one in a paper trade, needed the "ah sh**" experience of seeing it first hand!! take care, Lee