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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 221.02

+6.4%

Jan 13 3:59 PM EST

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To: Neil Booth who wrote (32571)	3/21/2001 6:03:57 PM
From: fyodor_	Read Replies (2) of 275872

Neil: I'm a mathematician, and delta means a (vanishingly) small change in something (and it's the same thing, not 2 different things!). I believe it's the same for physicists. In fact, I'm sure it is. WRONG! And you know so if you think a bit ;). The infinitely small "thing" is a lower case delta. There's also an uppercase delta, used quite often by both mathematicians and physicists. And it is NOT infinitely small ;) Sometimes you have DELTA --> delta, but that's another matter altogether ;))) (where I am, of course, using all-caps to indicate an uppercase delta) In financial markets, delta means the rate of change of PV w.r.t. the underlying. That may well be, but it certainly won't prohibit me from using "delta" as a synonym for "difference" in the future ;) -fyo

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