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


To: Harry Soin who wrote (13720)12/28/1997 3:38:00 PM
From: Lee Penick  Respond to of 70976
 
Hi harry,

off topic,

I've been on vacation in Sunny LA where I caught a cold. Came back to Washington to recover!

If your puts were for 30 and it closed at 30, I don't see any benefit to the holder of "Putting" you. They had the right, but no monitary incentive to do it.

Glad you rolled over successfully and made some money in the process. Rather interesting how it moved up so fast and closed at 30, isn't it!

I still have Jan 25s I sold, hoping they will expire wothless! And rolled the 35s to April. Sooner or later, they too should expire worthless.

I don't know much at all about ORCL so won't comment. The AMAT 27.50 do look interesting, but so do the 30s.

good luck.

I need to catch up after a week off and very little contact with the market.

Can't wait for tax loss selling to end and buying back to begin!!

Lee