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

To: Zeev Hed who wrote (30325)	5/18/1999 8:43:00 PM
From: MikeGolden	Respond to of 70976

Given the strength of AMAT and TER (+4, including +3 last 1/2 hour) it follows that KLIC's going to continue to track. Seems like a steal at 22. Any other opinions?

To: Zeev Hed who wrote (30325)	5/18/1999 8:50:00 PM
From: Jerome	Read Replies (1) \| Respond to of 70976

"I would bail out at the $66 to $68 area" Why bail out? Since the recent trend is upward a different strategy would be to write a covered call for the month of June. Depending how this stock plays itself ou for the next few days I will write either a 65 or 70 for the month of June. In the month of June the BTB comes out after options expire, and this makes it easier to guestimate reward risk factors. Selling a stock just exposes you to having to buy it back (and perhaps at a higher price.) Just my $.02 worth. The call premiun from writing the June 65's could be used to buy extra shares when AMAT dips below $65. Jerome