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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: bacchus_ii who wrote (80555)5/23/2002 10:53:22 PM
From: Joe NYCRead Replies (2) of 275872
 
Gottfried,

Best wishes for an even a better re-entry point.

Thanks. Now, Mani has me worried: Message 17499417

I keep hearing about re-testing post 9/11 lows on Naz. If that happens, AMD could be dragged down to $10 or a bit below. I don't see why the market should retest the lows, but then, the market does not ask me for permission to do whatever it wants to do.

So, I am not sure what to do. I have half of my position without a CC, half with June $12.50 CC. I think I am just going to keep the CC position for now, but I am seriously thinking about either selling the 2nd half or selling maybe selling in the money calls against it.

What's your plan?

Joe
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