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Politics : Formerly About Advanced Micro Devices

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To: Goutam who wrote (72984)9/24/1999 2:01:00 PM
From: Charles R   of 1576129
 
Goutama,

<Did you sell them?>

Nope, I bought them. Selling calls is low-risk and that is the strategy that I typically follow.

<If there is no pre-announcement of any bad news from AMD before the end of September, my WAG is that the stock could easily go into low teens in the first week of October.>

I guess anything is possible but I have a hard time seeing this quarter being worse than analyst consensus estimates - and I am expecting them to beat the consensus pretty handily and get a pop.

My concerns right now have strictly to do with Q4 forecast.

Chuck
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