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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 246.17+4.0%3:59 PM EST

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To: Yousef who wrote (75964)3/31/2002 9:54:05 PM
From: Dan3 of 275872
 
Re: Could it be that recent options are "underwater" ?

Nope, as usual, you're wrong.

If you were to actually look at the proxy statement for the annual meeting to be held next month, you will see that on 12/31/2001, when the stock was about a buck and a half above where it is now, the value of exercisable but not yet exercised options was listed at:
$21 million for Sanders
$1 million for Maghribi
$1.5 million for Herb
$1 million for McCoy

These guys must be expecting a better gain for their $9.56, $10.46, $12.40, and $14.15 strike price options - they seem to be convinced that AMD's stock price is headed up, not down.

Why did the number of Intel Insider sales double?

But, as I said, nice try
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