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

To: Dan3 who wrote (109428)	5/4/2000 10:57:00 PM
From: Dan3	Read Replies (5) \| Respond to of 1583547

Saw this post by AMD_Prince on Yahoo - is he missing anything in his analysis? Has anybody else pointed this out??? The figures quoted below are taken from Yahoo. Shares outstanding 152 MM Insiders (28%) 42.6 MM Float 109.4 MM 444 Institutions own 58% of total shares (81% float) 88.6 MM So, if Institutions stop trading we have: 109.4 MM - 88.6 MM = 20.8 MM shares in the market. As of April 10, there are 10.8 MM shares short! (again, all figures above according to Yahoo). Now, this per se is explosive, but when you add to the equation that Fidelity last month bought 8.7 MM shares, I get that AMD has a net float of about 20.8 MM - 8.7 MM = 12.1 MM with 10.8 MM shares SHORT!!!??? Apparently, Fidelity owned 0.5 MM shares last month and the other thing I am not sure about is how many of the shares that Fidelity bought recently came from other institutions. I checked Yahoo carefully and the SEC records at Edgar and all I can see is a decline of less than a million shares of other institutions from 12-31-99 to present. So, a net float of 13 MM shares and almost 11 MM shares short with an average trading volume of 5 MM shares!!?? Man, this is going to be the MOTHER of ALL short SQUEEZES!!! Please, please, please, find something wrong in my argument above. Otherwise, I would have to buy more AMD tomorrow!!!! We are TAKING OFF BIG TIME!!!! Prince