Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: cordob who wrote (105425)	4/14/2000 8:08:00 AM
From: Elmer	Read Replies (1) \| Respond to of 1573822

Re: "OK, I agree with your system. It is a lot of hard work constantly reevaluating the various options, but can be most profitable. By the way I have rolled my naked puts to july for another $7.50 credit and bought more shares" I closed out old short put positions and resold them at a higher strike price 3 or 4 times this last month. You do not have to be long this stock to make money here. The premiums are extremely high, as you have learned. Re: "What do you think of the p/e assuming $5/6 this year, but next year taxes kick back in so might be lower or flat (if revenues keep going up)?" I can't deny that this stock has strong upside potential. That's why I'm now onboard when in the past I wouldn't touch it. Keep in mind that if and when AMD ever gets Fab30 online they will be paying large interest bills and writing off lots of depreciation. With their current situation where supply is greater than demand and mounting inventories, they may not bring that fab online for quite some time, even if it is operational. EP