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


To: Elmer who wrote (97808)3/10/2000 10:53:00 AM
From: Bipin Prasad  Respond to of 1575178
 
I bought some @50 3/4 to double my position.

Why panic? It's so far away till 2001.
Plus, AMD CEO said they are going to double by year end!

later,

InSook



To: Elmer who wrote (97808)3/10/2000 11:51:00 AM
From: Epinephrine  Read Replies (4) | Respond to of 1575178
 
RE: <OK, who's buying? I wrote a ton of puts today at 40 & 37.5 for April.>

Elmer,

I see that Kash and Scumbria and Process Boy and others have sold and that makes me have second thoughts but I am carefully watching for an entry point to utilize some of the additional buying power that I have picked up during the recent rise. I think that the XBox will be a short term negative for the stock as some of the rumor money is taken back but I don't think the XBox loss changes the excellent execution that has been coming from AMD nor will it affect this quarters earnings which I expect to be very good. We are coming up on the quarterly results and I am still hoping for a runup of anticipation. I haven't decided on whether it will be calls or actual stock and I am still in a wait and see mode on the price that I am looking for but although I may be a fool I am looking to buy.

Thanks,

Epinephrine

PS: I will post my trade if and when I make one.



To: Elmer who wrote (97808)3/10/2000 12:19:00 PM
From: ajbrenner  Respond to of 1575178
 
Re:"OK, who's buying?"

Holding long and holding Apr 42.5's (in at 4 1/8)

ajb



To: Elmer who wrote (97808)3/15/2000 10:29:00 AM
From: Epinephrine  Respond to of 1575178
 
RE: <OK, who's buying? I wrote a ton of puts today at 40 & 37.5 for April.>

Elmer,

Unfortunately I have been busy and I have not been able to keep up with the thread lately but I said that I would post my trade if I made one and I have indeed made one. I saw the price at 48.00 this morning and couldn't pass it up. Unfortunately my fingers and heart aren't nimble enough and I didn't get my trade in until 49.25 which is the price at which I bought 2000 more shares. I am now long 10000 shares but I only have 41% equity in them which should tell you just how bullish I am. If AMD moves significantly against my position things sure could get ugly for me fast!

Regards,

Epinephrine

PS: I see as of the time of my posting this that it is back down to 48.3125 and although I realize that by posting this I am opening up myself to endless ridicule by Paul, I promised to post my trade and here it is.