Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 214.18

-0.5%

3:59 PM EST

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To: kash johal who wrote (56014)	9/21/2001 5:00:51 PM
From: tejek	Read Replies (1) of 275872

I am now long. I picked up AMD at $9 a few days ago. Also had limit to buy intel at $20 which went thru. Kash, are these short term trades, or do you plan to hold? I am long three semis...TQNT, VTSS and PXLW. Looking at MRVL and PMCS; I think they are putting in their bottoms; they are down sharply. Also looking at ADI. I am now 60% invested with 40% cash. 50/50 for me...Got stopped out of a lot of stuff right before WTC. If we keep dropping I'll buy more. I have put in limit orders for AMD at $7.50 and $17 for intel. I think AMD will hold at its current level. This is the level I bought at three years ago presplit. Back then, AMD hung between $16 and $18 for the longest time. It has a lot of support at that level. If we rally next week i'll write Jan calls which have very good premiums. We'd better rally soon or the markets will be tracking in minus numbers. I knew there was a price to be paid for the bubble but I didn't think it would be this bad. For a non tech stock, check out IMNX...a biotech. Have done a ton of DD on the company. Its kept my port. afloat the past few weeks. It just got added to the S&P. ted

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