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Strategies & Market Trends : Leland's Option Picks

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To: Leland Charon who wrote ()4/7/1997 10:37:00 PM
From: Mark Tlapak   of 310
 
I've got a good one. AMD should gap up tommorrow, and during the day analysts should upgrade and this stock might hit 50. Tommorrow, the momentum should slow, and some puts might hit in a few days time. AMD should announce any contracts they have just acquired tommorrow, so Wednesday might be a good time. The only thing is with earning season, techs could rally all week, and INTC reports next Wednesday, which could also push AMD up. This stock might go up, but its not going straight up, and 50 or 52 might be a good place. Eventually (next month) this should pay off nicely as earnings quit and the focus goes back to interest rated.
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