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

To: Paul Ma who wrote (102425)	4/5/2000 8:15:00 PM
From: Scumbria	Respond to of 1578069

Paul, Do you guys all think that there will be a huge sell off after earnings? Every AMD earnings report I can remember has been followed by a huge sell off, regardless of how positive or negative the results were. I'm not going to be holding any options that day, (at least not any calls.) Scumbria

To: Paul Ma who wrote (102425)	4/5/2000 8:23:00 PM
From: 5dave22	Read Replies (1) \| Respond to of 1578069

Paul, it's a crapshoot. It's as easy as this - if you're in it short term, take your profits before earnings. But if you plan on holding at LEAST another three months, hold on. If it goes up, you win. If it goes down, buy more! Had you done this last Q, you would be able to pay Harvard tuition, cash. One thing I sometimes do is to sell half or a portion of my holdings prior to earnings. But that's still 50/50. AMD is around for at LEAST a couple more quarters, we all know that. Most likely they will be around much longer. The street will realize this soon enough. Good luck! Dave

To: Paul Ma who wrote (102425)	4/5/2000 8:54:00 PM
From: chic_hearne	Read Replies (2) \| Respond to of 1578069

Paul Re: I hear a lot of things about selling right after earning reports. Paul, In your situation, I wouldn't sell. Scubria, Niceguy, I and others are riding April options which will expire on April 21st. So we have to do something before then. In your case, holding out will be the best bet. If you sell, you might get lucky, you might not. We all think that AMD will be trading higher in a few months. After earnings, there might be a selloff, there might not. You could watch AMD trade sideways for a few weeks, but maybe not. It's not easy to be a daytrader or momentum trader. chic

To: Paul Ma who wrote (102425)	4/5/2000 10:16:00 PM
From: Joe NYC	Read Replies (2) \| Respond to of 1578069

Paul Do you guys all think that there will be a huge sell off after earnings? There will be another challenge after the earnings - the option expiration day - a week after the earnings. There are roughly 77,000 call option contracts outstanding. The highest strike is 70. If the stock is above 70, all will be in the money, all the puts will be worthless. The calls will have to be sold. The 77,000 shares represent 7.7 million shares. Joe