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: Jacob Snyder who wrote (25664)	10/23/1998 11:30:00 AM
From: Duker	Read Replies (1) \| Respond to of 70976

<<<. I continue to sell this rally. Sold all my intc this morning at 87, now have no margin and a pile of cash ...>>> Make sure you set some aside for the IRS ... +19% move after taxes? Unless I am assuming to high a marginal tax rate ... or perhaps you used options ... --Duker

To: Jacob Snyder who wrote (25664)	10/23/1998 11:43:00 AM
From: KM	Read Replies (1) \| Respond to of 70976

Jacob: I thought I was going to shoot myself this am. with NVLS at 41 5/8 or whatever, but the back seems to be broken now. Exhaustion gap probably for the time being. I feel like I'm out of prison again <G>. Still have the puts.

To: Jacob Snyder who wrote (25664)	10/23/1998 3:06:00 PM
From: Jeffrey D	Respond to of 70976

I don't know Jacob, AMAT is up again today and approaching 13M in shares traded with about an hour left. Going up on extremely high volume seems a positive to me. Perhaps your downgrade is premature. Jeff

To: Jacob Snyder who wrote (25664)	10/23/1998 4:56:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 70976

Shorted NVLS all the way up today and covered at the close fearing the Jacob Snyder downgrade of AMAT based, in part, on pixie dust factors might cause another buying panic in the sector to match or exceed that of the one caused by the Billat upgrade <g>. I don't mess with Greenspan's pixie dust for too long in the market. I hear too many train accidents can occur when pedestrians sniff pixie dust while walking along the railroad tracks <g>. Puts purchased with NVLS at $42 look like a good trade if one is nimble.