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Politics : Ask Michael Burke

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To: Earlie who wrote (76718)2/29/2000 9:03:00 AM
From: Steve Lee  Read Replies (2) of 132070
 
INTC has been making price cuts for as long as the IA32 architecture has existed, they innovate, cut prices and introduce new high end models constantly. That is their business.

It is AMD who will suffer from those price cuts because they don't have the process technology to make chips as efficiently or that are as fast (they may get the highest Megahertz number for a while but their cache performance brings the overall performance way below that of the PIII).

You are right about protecting your self for a fall in RMBS price. Long term it won't matter but if you load up on margin it could wipe you out. A 25% cut could happen in 5 minutes. RMBS has always been like that. It is a very nice stock to trade.

I find playing RMBS on calls is a good tactic, regularly trading up to higher strikes as the stock gains. That way the downside is limited to the call premium of the calls held at any point in time. But you still get a near dollar for dollar gain as the stock rises - $40 or so at a time.

I don't have the URL for the DTV but I think it came from the Robby conference yesterday.

Who are these RAM torpedoes?

Edit - RMBS up nicely in pre-market !
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