Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 221.42

-0.1%

3:59 PM EST

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To: AK2004 who wrote (118092)	4/1/2004 1:42:41 PM
From: Elmer Phud	Read Replies (1) of 275872

aLbErT - it's nice to hear that you're finally bullish on amd and bearish on intel :-)) Let us take off our partisan hats and be investors for a moment. I'm afraid you've gotten the wrong impression. I am expecting AMD to remain in it's historical range, which is right around here. I write Strangles on almost a monthly basis, in fact I wrote some May $15 Puts today for $0.45. While AMD may move up and down I expect it to return to these levels. I've been right so far. In my view, AMD continues to have serious manufacturing problems and I see no signs of a turn around. Intel on the other hand may trade in it's range as well, so I am playing much the same strategy. Strangles. I will make money on AMD if it goes up, if it stays flat or if it goes down slowly. Same can be said for Intel.

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