Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Elmer who wrote (53236)	3/22/1999 10:18:00 PM
From: Paul Engel	Read Replies (1) of 1582879

Elmer - re: " For example, why would anyone buy AMD now at 16 1/16 when they can write an April $15 PUT and get 9/16 for it?" Excellent point. Along those same lines, I think awhile back you mentioned AMD Jan Year 2000 $5 puts - well, they are now bid at $1/8. I think I'll sell some of those tomorrow - see if I can get $3/16 or $1/4. If you sell enough, you can REALLY make it up in volume ! And having to buy AMD at $5 - well - that's "dirt cheap" ! Of course, that may also be the "price of dirt" ! Paul

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