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Politics : Formerly About Advanced Micro Devices

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To: Goutam who wrote (83359)12/17/1999 1:07:00 AM
From: Petz  Read Replies (5) of 1577191
 
Goutama, the EE Times article is mildly positive, but probably not enough to push AMD much past 30. There's a huge open interest of Dec 30 calls, most of them probably held by speculators. But if a lot of these were created by Yousef-types selling naked, a strong open could cause a panic closing of the short positions, driving the price up.

In general, though, I would expect the closing price to be 30, the nearest strike price.

I didn't find th EETimes article revealed anything new because we knew they demoed the 900 MHz at Comdex. The most positive thing is the last line:

"Through next year, we will have the fastest processors available," said the spokesman.
eet.com

Petz
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