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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 233.54-1.8%Nov 7 3:59 PM EST

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To: Scot who wrote (4093)8/9/2000 12:58:14 PM
From: TimFRead Replies (2) of 275872
 
"With Dell Computer Corp. (Nasdaq: DELL) expected to report lower-than-expected earnings for the third straight quarter"

I know what is meant by that but it still seems like a contradiction in terms. "expected to report lower-than-expected...".


I finally got level 3 options privileges. I was going to buy an '02 or '03 bull call spread with the last check I sent to my broker but I didn't have the rights yet, so I sold a Jan '01 100 call that I owned and bought a 70. I think for my next options purchase I'll buy a '03 50 and sell an '03 120 short. My maximum upside is lower then buying 01 calls, but my break even will be lower and I will have almost 2 1/2 years before the options expire.

Tim
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