Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Charles R who wrote (73041)	9/25/1999 12:21:00 AM
From: kash johal	Read Replies (1) of 1571808

Charles R, Re:"Just curious, what are you still holding for? What is your recovery plan?" Well thats a pretty good question. I bought back my covered calls yesterday and almost pulled the trigger. I figured the panic selling on thursday was silly and decided to wait for the bounce back today. And then the news last night hit. It was down to $75 when i checked the price. At that point as Intel nor rambus had announced anything to say I decided to wait and see till monday. The situation is still very confusing. If systems can ship even with 128K Rambus RDRAM I believe they will. I have some faith that Intel may well have an interim workaround. I am obviously worried that they may just have to junk everything till Q1 next year, in which case they may just as well go out and shoot the stock down to $50. If they can recover a new spin - even if it is new MBs in 30 days to go with coppermine release - I believe the stock will recover back to $90+. Its gonna be an interesting monday. If I had bailed thursday as originally intended I had planned on buying calls today just in case monday was a home run. Oh well the best laid plans of mice and men........... regards, Kash

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