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

To: Scumbria who wrote (103826)	4/11/2000 2:52:00 PM
From: niceguy767	Respond to of 1570901

Scumbria: Re: "All those April 70 puts are making me rather concerned about the next couple of weeks." Comment: In the past 5 trading days including today about 45 million shares or almost one third of outstanding AMD shares have turned over and about 35 million at $69 or more...A new launching pad is in place between $69 and $79...Record earnings are very likely to provide the launch from this new launching pad with the possibility of an over 13 million share day (i.e. record)on Thursday...With the high volumes we're currently seeing, I just can't see $70 puts being any significant factor! (One hour to go, last $69.50 and 7.1 million shares...Just think we'll crack that $72 this PM, and then?)