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

To: cordob who wrote (105026)	4/14/2000 6:38:00 AM
From: Elmer	Read Replies (3) \| Respond to of 1573733

Re: "A bit pessimistic you I would say. Dont you expect more than 85 by end of May?? (stick with your long AMD) I sold april 80 puts (naked) a few days ago for $6 and am hoping they will expire worthlessly." I see you are new here on this thread. Welcome. I prefer to think of myself as an investor and I am looking to make profits. I am not trying to make my fortune here, I already made it in INTC, just good profits. I realize AMD is in a much stronger position now than before but a receding tide sinks all ships and I would rather take lots of small profits than risk losing by going for the gold. I've made very good money writing AMD puts and then buying shares with the premiums then writing CCs on those shares. If the CCs look like they will get assigned, I can roll them out a month for another $10 gain, or more. This stock didn't quite explode to the upside like some of the overzealous insisted it would. EP