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


To: tejek who wrote (99706)3/24/2000 7:28:00 AM
From: niceguy767  Respond to of 1573922
 
ted:

Re: "This not a big deal but didn't you say at one point that you owned AMD stock and in addition worked it to make more money thru calls et al?

The reason I ask is that Engel is saying that you only own the calls and no shares. Is that true?"

Comment: In October and early Novemebr, I owned shares...At that time it became obvious to me with the positive Athy and flash indicators that AMD was about to enter a high growth-rate phase. I sold my shares and have been buying call options ever since, rolling out of one series and into another...It was my original objective in November to utilize this investment strategy until AMD reached $60, at which time I would re-evaluate...As we are now in thne $60 range, I have re-evaluatred and plan to continue utilizing this practice through to July by which time AMD could easily see $100, and at whichtime, I will once again re-evaluate investment strategy!



To: tejek who wrote (99706)3/24/2000 8:32:00 AM
From: niceguy767  Respond to of 1573922
 
ted:

Re: "This not a big deal but didn't you say at one point that you owned AMD stock and in addition worked it to make more money thru calls et al?"

Comment: I should mention further, before Paul brings it to my attention, that I did exercise my March 50's on March 17 when AMD closed at $50 and took delivery of several thousand shares which I sold on the following Tuesday at $4-7/8's...Perhaps those are the shares that explain Paul's current state of confusion!