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


To: Jim McMannis who wrote (112590)5/25/2000 1:58:00 AM
From: eplace  Read Replies (1) | Respond to of 1575175
 
Jim, Ted and even Elmer...re:Alan Greenspan. You all have some very wise words about Mr. Greenspan. I think he has done a great job. He has given about as many warnings as he possibly can about the markets, so if anyone on the thread is not listening, it is to their own detriment. I have lurked (and actually been very busy) the last few days and most of the theories about AMD's stock movement are amusing. The fact is AMD has moved from about 40 to 92 7/8 since March 1st. Corrections like this are bound to happen and if we are wont to ignore such facts then we will get punished. That is one of the big reasons (do I dare say I agree with Elmer) that I have tried to move my options out to January. My biggest regret now is that I invested in out of the money options for June and July when the stock was in the low 80's when Mr. Greenspan was telling me to do otherwise. Another lesson learned from the School of Hard Knocks. AMD will have more days in the sun, maybe just not as soon as we all had hoped for.

Regards
Ed P.



To: Jim McMannis who wrote (112590)5/26/2000 10:35:00 AM
From: chic_hearne  Read Replies (4) | Respond to of 1575175
 
Re: The crazy market and MSFT's impact

Jim,

I saw Jack Baruchi (spelling?) on CNBC this morning at 8:30 eastern talking about what is going on in the market. He said they weren't really worried about what the fed was doing, but were really worried about the consequences of the MSFT trial. He was saying there is a big fear among traders of what area of technology the justice department is going to target next. They don't like the idea of the justice department setting presedence with MSFT. He seemed to imply that most of the damage done to the markets was because of this trial.

I'm starting to think all of your fear about this trial was well founded. Baruchi is very well respected and his opinion carries a lot of weight.

If this is true, I can't imagine how bad it would be if Gore got elected. We already know what would happen to any stock related to healthcare because of his national healthcare plan. Now it seems technology would also take a hit.

Just more proof we need Dubya for the sake of the market.

chic