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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 223.05-3.1%3:43 PM EST

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To: chic_hearne who wrote (1630)7/20/2000 2:58:17 PM
From: chic_hearneRead Replies (1) of 275872
 
I finally got out of all my July crap, except the stuff that will be expiring worthless. By first glance, I think I'm actually up due to the 45's (almost all the rest was in the red).

I'm left with the following purchased long ago:

7 Jan 70's
30 Jan 100's

I'm currently sitting on a big cash position, but think I'll take some time off before going back in. I was going to exercise my 45's, but that would've used up almost all my cash unless I wanted to go margin (which I don't). I've actually thought of diversifying a bit. The general market terrifies me and the SOX is starting to scare me. Book to bill comes out after the close and I wouldn't be surprised to see a selloff regardless if the number is good or bad. I have no fear that AMD will continue to execute, but that doesn't mean the price will keep going up. If the stock pimps are able to push up Intel in the face of the "core" business having a slower growth rate than an "old economy" company, anything is possible.

chic
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