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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: kapkan4u who wrote (70460)	8/31/1999 1:59:00 PM
From: kash johal	Respond to of 1573902

Kap, Re: Leaps You may be right of course, but i guess I am not as bullish as you. I expect the price to retrench somewhat during earnings warning/release. It may well be a non-event and the stock of course could rocket into the thirties. Either way I plan on using the premium to buy calls. I am very confident of a move up to thirties by mid next year. So it seemed like a good strategy. In addition I bought a bunch of rambus yesterday (and of course the stock tanked this AM) as another hedge. It seems to me that Intel must have Rambus to compete with Athlon and so if Intel does well then Rambus should do great. Just my thinking anyway. regards, Kash