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: SteveC who wrote (102021)	4/4/2000 4:59:00 PM
From: Gopher Broke	Respond to of 1570818

There was another reason to sell AMD today. When I saw the market tanking I sold a few K AMD to have cash in hand. Then I bought positions in the stocks I had confidence in, (DSL stocks, in fact, which for some reason have been crashing with the inets and were all well by midday) and at the same time I picked up April 60 options (at 3 5/8) to replace my AMD long position. CMTN, which I picked up at 60, actually bottomed at 49 before closing at 88 1/2 up 10 3/4 on the day! And we think AMD was volatile!