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


To: xun who wrote (105105)4/13/2000 5:02:00 PM
From: tejek  Read Replies (1) | Respond to of 1573730
 
panic,

Its hard for me to comment re options since I don't fully understand the mechanics on how they work, or rather, I have taken the time to figure them out.

As for the price, I think it will be manipulated for a while like it was done after Q4 earnings. After Q4's report my gut told me the stock should move up quickly but it didn't...not for awhile (I don't think it was related to options expiry like Steve P. contends only because the stock did not begin to move again until early Feb......a couple of weeks after expiry). In fact the stock took a long time to fill in the gap. That would have been okay if AMD had beat the street by $.04 but that was not the case in Q4 and now Q1.

Its for this reason I think the stock is manipulated in some way......it does not act normally after it announces blowout earnings. In light of that I think we will see it fill in the gap once again and then move sideways for a while before resuming its move up. But let me caution, its been my experience when something does not respond in a normal fashion, then it can become very unpredictable and so any prediction can turn out to be very wrong.

ted