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

To: kash johal who wrote (113707)	6/1/2000 2:21:00 PM
From: chic_hearne	Read Replies (2) \| Respond to of 1573827

Re: June option wrt Dresdan/tbird Kash, This is just a thought and a thought only, take it for what it's worth. There's serious market risk in tomorrows employment data. If the numbers are market friendly, AMD may open above $90 and not go lower. If the numbers show continued inflation risk, we could open below $80 and not go higher. On the one hand, you want to wait it out, on the other hand you're burned if the numbers are not what you were expecting. In situations like this, I would take the money I was planning on putting into June options and do half today and half tomorrow. This will hedge out the employment data. Actually, I might go 40/60 since I don't expect the numbers to be that good. Those numbers tomorrow will move the markets, one way or the other. chic