Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 263.16

+3.7%

10:04 AM EST

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To: redbird who wrote (40233)	5/16/2001 4:53:39 PM
From: Petz	Read Replies (1) of 275872

redbird, <glad I covered my calls> Amen to that! And besides that, I covered a RNWK short for a 10% profit last Friday (it zoomed 40% today) and bought AMD calls with the proceeds. I can only attribute the covering of RNWK to the Lord. I tried in vain to raise funds to buy the AMD calls by selling some calls on a drug stock (PRGO), but the order didn't get executed even 0.05 below intrinsic value. So I had to cover the RNWK at 15:58 and buy the AMD at 15:59. Now today I sold the PRGO calls right at parity, no sweat. OTOH, I lost $2000 on Intel puts today -- should have sold them at the open today, but was up too late posting on this infernal forum. :) Petz

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