Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mani1 who wrote (102009)	4/4/2000 4:36:00 PM
From: Y. Samuel Arai	Respond to of 1578564

Picked up 1000 shares at 56 7/8. It subsequently fell to 51 before coming back.

To: Mani1 who wrote (102009)	4/4/2000 5:29:00 PM
From: david alexander	Read Replies (2) \| Respond to of 1578564

I can't believe I did it but with both the Dow and Naz down over 500 I went in and bought everything but the kitchen sink Including AMD, NSM, LSI, ATML, SVGI, PLUG, and BRKS. Got AMD at 52, ATML at 40 15/16, LSI at 52, etc.All closed up very nicely. I hope this holds will help recover the shellacking from the rest of this drop.

To: Mani1 who wrote (102009)	4/4/2000 6:45:00 PM
From: Petz	Read Replies (1) \| Respond to of 1578564

Mani,<Anyone had the balls to buy the HUGE dip?> Yes, but only because I sold at the peak. Then, at 3PM I sold some more. I got up a little late just as the NAZ was losing its early gain, prayed about it and when I opened my eyes decided I had to sell something. Then I saw AMD still up and that was the answer -- I sold 1/4 of my AMD April 55 calls at 9 7/8. I bought them back a little early (5 5/8) then sold my RMBS puts for a profit. I bought some more Trimble (TRMB) calls because this is a 30% growth rate tech stock with a 20 PE and the market was treating it like a 500-PE internet play. In the last hour I sold some more April 55 AMD calls at 7. I want to roll over to July and I'm not convinced that tech stocks, even AMD, are out of the woods yet. With AMD's recovery, I'm up on the day, have almost no margin debt now and have lowered my leverage on AMD. I'm ready to cover the AMD April 65 calls if there's a little weakness tomorrow AM. Then again, a have 5 more 55's than the 65's that are short, so I may just buy 500 shares if AMD rises past 65 by expiration. All in all, a great day, which I credit to the early trade. Petz