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

To: Joe NYC who wrote (112366)	5/24/2000 11:42:00 AM
From: chic_hearne	Read Replies (1) \| Respond to of 1571035

Re: THe stock looks bleak today. We are approaching 70. The day low is at 70 1/2 Joe & thread- I can get out of my July 45's for $27 I can buy Jan 100's for $11 or Jan 120's for $7.5 This is getting very tempting, I feel like this is a deal of a lifetime. When are we ever going to find a company with such a bad past that it takes a few quarters to prove themselves combined with the Nazdaq being down 40%? I think many of us may never find a better deal in the stock market our entire lives. It's hard to give up the sure profits for speculation, but this is getting so tempting. Comments??? chic

To: Joe NYC who wrote (112366)	5/24/2000 11:53:00 AM
From: pgerassi	Respond to of 1571035

Dear Jozef: Yeah, the stock prices looks like a complete misunderstanding of the fundamentals is the rule. However, I will just ride it out. If it continues, I may buy more shares. If it is under 70 by Friday, I may buy as many as 50 shares. That is all I can afford at this time. Since I have not invested in the stock market directly before January of this year, I believe that prudence dictates this, until I can trust myself to "not get carried away". Most of my retirement money (401K and IRAs) are invested in stock mutual funds and are quite diversified. I also retain a large amount in the bank for "Emergencies". This attitude has served me greatly in the past. Pete