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

To: Tito L. Nisperos Jr. who wrote (17735)	3/15/1998 11:52:00 PM
From: Bruce Dorval	Read Replies (1) \| Respond to of 70976

LEAPS, reply to Tito and Robert Tito, thanks for the link to Jacob Snyder. I will have to study his formulas. They seem to yield similar conclusions/decisioin-rules as my method of working out cases with actual numbers. Robert, the tax advantage of the Jan00 LEAPS is an added benefit to buy them. However, a powerful move later this year could make the Jan99 LEAPS yield enough to pay at the higher rate and not be too sad about it. Bruce

To: Tito L. Nisperos Jr. who wrote (17735)	3/24/1998 2:38:00 PM
From: Tito L. Nisperos Jr.	Respond to of 70976

Hi Thread, While the DOW 30 is scaling new heights, our favorite stock is mired at the lows (but not low enough for us who are agonizingly waiting to buy LEAPs in the 20s or 10s)...It seems Investors are still waiting for the South-east Asians and Korea to recover. If they are healthy and well so as to be able to buy goods with CHIPs, then AMAT will benefit --- so the thinking goes... It seems that the Philippines, the "sick man" of Asia did not catch the Asian financial Flu; according to an article in the San Jose Mercury News:---"...Last year, the country had a balanced budget, an inflation rate of only 5.1 percent, a high real estate occupancy rate and a banking sector that was not over-extended. And with exports up by 20 percent, its trade deficit was falling." ... So the sick man is not really sick, just found himself at the wrong place at the wrong time --- among the sick...The bright spot is an expected growth of 10 to 15 percent in Information Technology!...(no wonder, a few months ago, Larry Ellison of ORCL was there; a few days ago, Bill Gates ?!! was there)... The sick man of Asia is beginning to walk on its own feet, on his own unique way, at a sustainable pace. Unlike its neighbors who were too dependent on foreign capital and foreign trade (that caused so much misery to its working people when said capital and trade started to dwindle), the sick man of Asia has dollars pouring in to cushion the impact of scared capital fleeing the country at a whim --- dollars from its own people working abroad, from people who really care for the country ... The Philippines is just a small potato; we need the Biggies to recover from that Asian Flu that threatens to spread throughout the world. Meanwhile, the DOW 30 is still climbing --- leaving AMAT mired at the lows.