Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 217.54

+1.5%

Nov 28 12:59 PM EST

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To: milo_morai who wrote (1723)	7/21/2000 8:57:09 AM
From: niceguy767	Read Replies (2) of 275872

milo: Re: "Options expire.. I think we'll see 79 1/2 for close. Allot of open interest at 80" Comment: I don't doubt the potential of any outcome after yesterday's freak event...I do expect AMD to close within half a point of exercise price so that options tied to that price will die a natural death (i.e. not be exercised)...(and yes I'm very skeptical about the nature of the underlying market forces)...I would expect a close within $0.50 of $80, $85 or $90 today as well within the realm of the possible today...My guess is AMD'll close at $85 +/- $0.50...and be nowhere near $85 by the end of next week...

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