Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Steve Porter who wrote (105060)	4/13/2000 1:01:00 PM
From: chic_hearne	Read Replies (1) of 1573221

Re: Looking back however, I may be a LITTLE stingy. If there are a couple of good announcements in the next 1-2 days it may be >$80 at options expiry. Steve, There are some interesting things happening at the expiry. For one, the stock is solidly undervalued, lot's of people know that. I think think the big boys will put up a good fight, but I'm not sure if they can do it. Typically, people exercise and dump the stock to drive the price down, plus you have the big boys driving it down on their own. This expiry, we have a lot of deep in the money calls that may very well be exercised. This could have the reverse effect of a typical expiry. Instead of people exercising and dumping creating suppy, we could have people exercising and holding reducing supply. I have a feeling some big players will lose a lot of money this expiry even if they are able to keep the stock below $80. Any thoughts? chic

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