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Politics : Formerly About Advanced Micro Devices

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To: chic_hearne who wrote (100577)3/28/2000 9:27:00 PM
From: Dan3  Read Replies (2) of 1572002
 
Re: BTW- I'm 100% AMD also, and 100% options also...

Chic and NiceGuy

Ummm. I'm very new to options trading, and terrible at timing the market (though I did pick up Jan 25s at 1 and 1/8 last August - I also picked up some others that didn't do as well, due to bad timing on my part). So I'm no sage.

But please be careful. Options jump around a lot, and the surest thing in the world can be temporarily reversed due to some unfounded rumor - then your time is up before the price recovers.

I'm holding Oct calls right now - and they're a percentage of my portfolio that I could afford to lose. I also hold stock, with much more of the dollar value in the stock, so that a month or two of bad news won't wipe me out.

Your upside is much higher than mine, so go for it if you want to, but remember that this supposed to be investing, not the lottery. :-)

Good Luck, whatever you decide to do,

Dan
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