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

To: Steve Rolfe who wrote (14833)	1/18/1998 11:45:00 PM
From: steve stark	Read Replies (1) \| Respond to of 70976

People have mentioned the CC. Any information on a firm earnings release date (Feb 11th is what is up on the board) or CC # and date? Looks like February is when we'll get earnings but if other cos start announcing or preannouncing we may be in for a dip rather than a gain. Any info would be appreciated. Stark

To: Steve Rolfe who wrote (14833)	1/18/1998 11:55:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Thanks Steve, Will you sell the option, let it expire, or exercise the option and take the stock at $25? I'm interested in how you feel that you will benefit most. Seems that if the stock goes to $37 and you exercise the stock at $25 + your option cost of $5 1/2 your cost basis would be $30 1/2 with a net gain of +$6 1/2. Is this correct? If not what would be a better way to procede? If the stock drops to $25 by April expiration, then what, exercise the option and take the short term loss and recover it when the stock goes above $30 again?? TIA, BB