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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (112590)5/25/2000 1:58:00 AM
From: eplace  Read Replies (1) of 1575354
 
Jim, Ted and even Elmer...re:Alan Greenspan. You all have some very wise words about Mr. Greenspan. I think he has done a great job. He has given about as many warnings as he possibly can about the markets, so if anyone on the thread is not listening, it is to their own detriment. I have lurked (and actually been very busy) the last few days and most of the theories about AMD's stock movement are amusing. The fact is AMD has moved from about 40 to 92 7/8 since March 1st. Corrections like this are bound to happen and if we are wont to ignore such facts then we will get punished. That is one of the big reasons (do I dare say I agree with Elmer) that I have tried to move my options out to January. My biggest regret now is that I invested in out of the money options for June and July when the stock was in the low 80's when Mr. Greenspan was telling me to do otherwise. Another lesson learned from the School of Hard Knocks. AMD will have more days in the sun, maybe just not as soon as we all had hoped for.

Regards
Ed P.
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