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Politics : Formerly About Advanced Micro Devices

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To: Steve Porter who wrote (105039)4/13/2000 12:09:00 PM
From: niceguy767  Read Replies (1) of 1573435
 
steve:

Re: "At the risk of sounding like I'm gloating: I told you so (re today's price movement).
NEVER underestimate the power of options to keep a stock price depressed. The big boys always ensure they make money on options, otherwise options wouldn't exist."

Comment: Steve...you're entitled to gloat so far...My guess was that 5 million shares would get us through $80 and the rest of the volume would push AMD possibly to $100 today.Certainly so far this hasn't happened but I still think available shares will become scarce below $80 in the very near term...For some reason, and perhaps you are right, there are more shares available below $80 than my analysis indicated...I still can't believe anyone familiar with the Q1 results would sell under $125 this month!
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