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Politics : Formerly About Advanced Micro Devices
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To: niceguy767 who wrote (104844)4/13/2000 12:29:00 AM
From: Steve Porter  Read Replies (1) of 1576791
 
Niceguy:

If 50% of the float has changed hands (I doubt it's actually that much.. probably more like 25% twice), that STILL leaves 50% who have a lower cost basis.

Don't get me wrong.. I think LONG TERM, AMD is a winner. But there is a lot of big money that won't let AMD go too high until options expire. (trust me, I have followed this stock for literally YEARS)

Steve
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