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

To: 5dave22 who wrote (105285)	4/13/2000 9:16:00 PM
From: Steve Porter	Read Replies (1) \| Respond to of 1573434

Dave, The most active options are historically short-term, for the very reason you point out. A truly brilliant play by the big boys would be run the stock up prior to earnings that everyone was expecting would be at least good. This would cause lots of people to buy options expiring in 2 weeks. Due to the inflated stock price, the options are more costly. Then after earnings (which everyone expected would blow out the market), you depress the stock price for a week and laugh all the way to the bank. Gee... that sounds a lot like what is happening come to think of it. Steve