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

To: Goutam who wrote (88807)	1/21/2000 8:15:00 PM
From: Charles R	Respond to of 1573415

Goutama, <I believe that most of the drop in the stock price was to do with the combination of big players profit taking, shorts and margin squeeze related selling. IMHO, it's the combination of all the above three scenarios happening simultaneously caused most of the price drop in this stock. This stock has been shorts favorite for a long time. Also because of continuous stream of good news in the last several months, lot of small investors must have ran up their margins to full limit - prior to as well as day after the earnings announcement. With regards to margin squeeze - it can be as potent as the short squeeze but in the negative direction. That's why, whenever I use margin to buy any stock, I stay below 30% margin to avoid receiving any margin calls during situations like this.> Thanks for sharing your perspective. And I am glad that you still are well into the positive side after this bath (I was bit concerned that you might have been one of the guys who lost big). Chuck