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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (32648)5/13/1998 10:14:00 PM
From: Brian Hutcheson  Read Replies (1) of 1572641
 
Hi Petz , re. AMD at turning point
I agree the support level seems to be established at $26
Also in the first 5 months of the year the stock rallies toward the end of month but seems to be held down just before options expiry date.This appears to indicate more call options .
In '96-'97 bull phase the opposite was the case the stock rose from beginning of month to around expiry date then fell after options expiry indicating perhaps more put options .
The release of K6-2 on 28 May could also give additional boost ,
regards , Brian
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