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Strategies & Market Trends : Roger's 1998 Short Picks
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To: cellhigh who wrote (7569)4/22/1998 4:51:00 PM
From: Bill Wexler  Read Replies (1) of 18691
 
Problem is that AMD announced wider than expected losses, and their financial condition is worsening since they had to file a $1 Billion shelf registration. Short term volatility in a stock doesn't bother me. Eventually AMD will trade significantly lower. The fact that the price jumped in the last few days means you made a lucky call. If the stock would have gone down, I'm sure you wouldn't be reminding us that you screwed up.
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