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


To: Zeev Hed who wrote (30332)5/18/1999 10:18:00 PM
From: Jerome  Respond to of 70976
 
Zeev Head, This is my plan to the next two days. The 65 June calls closed at 4 1/2, and the 70's closed at 2 1/2. If Amat spikes to 68 in the next two days I'll write the 70's at any price above 4. If Amat stays at the 66 range the 65's will be worth at least 5 maybee 6. Probably I'll wait until thursday morning to see what effect the BTB has on this group and write covered calls on AMAT, NVLS, KLIC, ASYT CYMI and ETEC. Two or three good days and then these stocks will retrace for a while. The call premiums will be used to purchase additional shares of what I believe will be the most likely sucess story for the next quarter. Its too soon to tell yet. The fish tank always gets cloudy after a burst of good news.

Good Luck,Jerome