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


To: 5dave22 who wrote (117039)6/21/2000 11:33:00 PM
From: xun  Respond to of 1571899
 
Dave, RE<what's wrong with you? AMD at $107?>

"Once bit, twice shy." $107 is supposed to be the closing price the day after the earnings report, right? I do expect the price to go higher than that before the report on 7/19. I painfully remember that the closing prices in January and April were way under expectations wrt the actual earnings and guidance. So, I just want to be realistic. If Willy doesn't spoil the party, I think the real price surge will occur after the Q3 report.

For the time being, every stock is at the mercy of AG. If NASDAQ doesn't break out of the current trading range during this earnings season, the stock market will have a summer vacation, IMHO.

panic

P.S. Besides my AMD shares, I have only Jan'01 calls and wrote some July and Oct puts. I sold all my July and Oct calls as of today.