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Politics : Formerly About Advanced Micro Devices
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To: TGPTNDR who wrote (41696)11/17/1998 7:17:00 PM
From: Petz  Read Replies (1) of 1571929
 
TGPTNDR, I hedged my AMD position in Jan 20 calls by selling Jan 27.5's yesterday (at 3), recovering my initial investment. I may kick myself if word of an awesome K7 demo leaks out or some other blockbuster, but, technically, the volume has dried up and we'll probably drop to 25 or maybe even 22.

On the Fed, the fact that it was only 25 basis points may lead some to believe this is the last drop in rates, just my opinion.

Petz
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