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Politics : Formerly About Advanced Micro Devices
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To: chic_hearne who wrote (112059)5/23/2000 12:01:00 PM
From: kash johal  Read Replies (1) of 1575154
 
Chic,

re: Tax system and buy/hold vs trading.

Well its clearly a complicated subject.

You clearly believe that AMD will get to $120++ early next year.

And this may well happen.

However just as likely AMD may be at $70/share and the naz at 2000-2500.

There are NO sure things in hi-tech.

AMD could have a chipset or MB problem and the stock hit $20 again. ( I don't predict this - but clearly it is possible).

So my goals is to take advantage of short term moves and also be somewhat defensive.

And once AMD gets above $80 I will write Jan calls again-perhaps later today.

regards,

Kash
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