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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (85965)1/7/2000 11:45:00 PM
From: Elmer  Read Replies (1) of 1571928
 
Re: "You said a lot there but I can't find a response to the question that seemed to generate such a bizarre response, that being: "Well, is the "big bear" at $17 doubly bearish at $32.50, and if so, did you buy some puts today?"

Well you asked me politely so I guess I owe you a decent answer.

No I am not doubly bearish as AMD has more of a track record now then they did back at $17. My perspective is evolving as it should for any investor. If AMD can ever get production going in Dresden I may change my view. I'm still making money here NiceGuy. I don't need to hit a home run anymore. I don't need to stretch those singles into doubles, or doubles into triples at the risk of getting thrown out. You take your big risks and maybe you'll get your big rewards. I'm taking a different strategy.

EP
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