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

To: kash johal who wrote (89190)	1/24/2000 12:41:00 PM
From: Charles R	Read Replies (1) \| Respond to of 1572630

Kash, <I just sold my cpq and bought back AMD.> I like Compaq right now because of AMD. The company itself seems to be in disarray so unless Capellas acts quick, I will take my money and run. Looking forward to the conf call. Could shed some light into AMD as well. <I do expect the bond holders to keep the price in the 37 range for a while.> I am no expert on this topic but I thought AMD can force conversion was set at 1.3 * 37 ~ 48. I have a feeling that is where the real selling will occur. May be some of the folks who follow this closely can comment (Carl? others?). <I am hoping for a bounce to sell some covered calls.> Given what transpired last week, and coupled with potential sell-off from the convertible issue, 48 may become a pretty strong resistance. I am thinking of very-short term (like February) 50s. Chuck