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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.65+0.3%Dec 29 3:59 PM EST

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To: TGPTNDR who wrote (103201)10/18/2003 10:46:09 AM
From: niceguy767Read Replies (1) of 275872
 
"Well, neither did I. I still can't believe they took out the 2.6m call contracts at $14.00."

Yeah, what looked like a sure $1.00 in the AH, opened at $0.40 and trickled down to zero by the close of the day...I'm still wondering about the underlying mechanics, of how 31 million shares traded hands with zero positive net effect, given the outstanding reversal in AMD fortunes that was signaled so strongly by q3 results!

Ah well, AMD's trend is up and I do look forward to that car-delivered case of beer in a year!
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