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


To: kapkan4u who wrote (72950)9/24/1999 1:41:00 PM
From: Charles R  Read Replies (1) | Respond to of 1571405
 
<Sold 50 Oct $20 put contracts for $3.>

Smart move! I went for the lot more risky Oct 17.5 calls. Given the current motherboard situation, I am gambling.



To: kapkan4u who wrote (72950)9/27/1999 2:56:00 AM
From: Paul Engel  Read Replies (1) | Respond to of 1571405
 
Kal Kan - Re: "Sold 50 Oct $20 put contracts for $3. I am sure you will congratulate me if I make money on these."

Ahh.....risky !

AMD reports their massive losses on October 6 - and the options expire on Ocober 15/16 !

If AMD reports anything but GOOD NEWS, I doubt that their stock will rise.

And sending their employees to Fry's to hawk Athlons to the do-it-yourself-tinker-toy-crowd indicates that the LIMITED Athlon Availablity may have quickly turned in to an Athlon GLUT !

Paul