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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 257.20+0.4%9:30 AM EST

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To: wbmw who wrote (255526)8/13/2008 11:38:51 AM
From: kash johalRead Replies (1) of 275872
 
hi,

i dont see profitability anytime soon.

however if ati division goes profitable and cpu stays abysmal then you will still see a reduction in lossess.

this will make the stock go up.

i am looking to exit at around 7.50 and not looking for a 3-4x payoff.

i will probably also write some covered calls at 7.50 strike price.

kash
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