Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: ajbrenner who wrote (51231)	3/1/1999 12:47:00 AM
From: Paul Engel	Read Replies (1) of 1572207

aj - re: " Just how many puts does one have to sell to make a "small fortune"? I know those premiums really add up fast. " I made a "SMALL FGORTUNE" SHORT selling AMD's stock and covering - all within two days. The PUT sales are, as you noted, a bet that AMD won't drop below the strike price. My opinion of AMD is one thing, but my expectations of all the suckers buying back into this stock are another. The suckers always do. Just read this board. Nobody on this thread EVER LOST MONEY ON AMD ! Paul

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