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Politics : Formerly About Advanced Micro Devices

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To: Elmer who wrote (60441)6/3/1999 10:43:00 PM
From: Gary Ng  Read Replies (1) of 1582526
 
Elmber, Re: In the example of AMD June 17 1/2s, the bid is 11/16. That equals about 4% of the potential risk for 2 weeks exposure

I still don't quite understand. 100 share of AMD would equal
1750 and the free money for each contract is only 11/16, how
can that be 4% ?

Gary
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