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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (36242)8/20/1998 3:55:00 PM
From: Elmer  Read Replies (2) of 1571910
 
Re: "Back tracking a litle, hey Elmer? Maybe it was Yousef who said they couldn't make a 333 much less a 350."

Like I said, I don't remember making any such claim. Nonetheless, press speculation about future announcments discussing the future availability don't constitute a product introduction in my book.

Re: "On the other hand, what makes you think AMD can't make any money on a 350? Hint, they can. Especially at an ASP of $200."

Sure Jim, just like they were going to make money on every version before that. Still hasn't happened, not likely it ever will. If we had a dollar for every claim on this thread that AMD had finally turned it around we'd all be rich. This is getting really worn out. Show me the profits. You can't.

Re: "Keep on thinking that and short the stock...weren't you saying to short it a while ago...now you say it's a trading stock between $17-$19? At least that's progress. Blame Intel and TI for dragging down the chipmakers today."

Looks to me like shorting the stock would have been a good play. Resistance at ~19.5 and support around 16. This things rolling and shorting is an effective strategy. I sold puts and was assigned @20. A couple of covered calls later and I am now in the black. How many AMD holders can make that claim (except Jerry of course). Have you made money here?

EP
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