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

To: Dan3 who wrote (115459)	6/11/2000 1:59:00 PM
From: Elmer	Read Replies (1) \| Respond to of 1576589

Re: "If you wrote any Jan 85 INTC puts you might even have some of my money" I think you meant June INTC puts and I wrote some at $95 but none at $85. Not enough premium. I wrote some July $100s also. Re: "I'd like to say that I'm glad to see you're continuing to post on the thread. Even if I disagree with your conclusions, it's obvious that far more investors and MMs agree with you than those of us who are very long AMD (and me and that one other guy on the planet foolish enough to be short INTC). So it's good that you continue to remind us AMD longs that almost everybody else has come to a different conclusion." Thanks but did you know that I am long AMD also? I have been buying AMD with the proceeds from my AMD put writing for many months now. I haven't "put" in a penny of my own money yet but I am doing very nicely nonetheless. I've written LEAP calls as well and again used the proceeds to buy more AMD. I post here not so much to trash AMD like some of us did in the past because I now believe it actually has a future, but to offer an alternative perspective to the sometimes "irrational exuberance". AMD has a small advantage over Intel performance wise and in the availability of high speed parts but the advantage isn't anywheres near what some here claim. Fortunately the market is hot and both companies are doing well. EP