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


To: niceguy767 who wrote (99482)3/22/2000 3:47:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1580037
 
RE:": I hope I didn't predict a close above $63 tonight...The previous all-time closing high was $58.25, I think, and what I was suggesting to Scumbria is that it may take another day or two to close above that high water mark"

Don't worry about it. Don't let "Big AthWipe" Engel get you afraid to make short term predictions. In high school, his own team probably beat 'em just to shut him up.

Jim



To: niceguy767 who wrote (99482)3/22/2000 3:54:00 PM
From: eplace  Read Replies (1) | Respond to of 1580037
 
niceguy...re:In the case of AMD, given its significant, imho, current undervaluation at $57 given the probability of Y2000 earnings between $4.00 and $7.00, the runup could be quite sensational...The probability of such a runup occurring before April 20 is high enough as to convince me to sit on all my existing April call options until after earnings are released on April 12 and possibly 'til expiry...

I'm with you niceguy. After earnings I'll decide where AMD is at that point relative to being oversold or not. I might also hold until expiration. What was Kash's post about earlier anyway?

Ed P.