Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 203.14

-0.8%

Jan 9 9:30 AM EST

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To: TGPTNDR who wrote (47924)	7/17/2001 1:16:08 PM
From: Pravin Kamdar	Read Replies (4) of 275872

To those that are holding and/or today buying Intel puts, I just wanted to warn that there is no guarantee that Intel will drop after earnings. If Apple and GM come in above estimates there may be upward pressure in the market tomorrow, and if Intel makes their usual claims about "stabilization" with signs of seasonal pickup in demand there could be a short covering rally in there stock that keeps it above $30 through expiration. Just some food for thought. Good luck to everyone. Personally, I sold a third of my $30 puts last week when Intel was down around $27, and I will probably sell another third today to lock in some profit. I'll keep the last third hoping for a home run tomorrow. Pravin

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