SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Gopher Broke who wrote (119722)7/8/2000 8:37:03 AM
From: f.simons  Respond to of 1575048
 
>> but if, as Niles predicts, AMD are at $100 in a couple of months<<

Niles predicts 100 in couple months, SSB puts out same number for their target. Everyone goes ape in different directions over one vs. the other. Very interesting.



To: Gopher Broke who wrote (119722)7/8/2000 9:52:09 AM
From: Elmer  Read Replies (1) | Respond to of 1575048
 
Re: "How do you manage to remain so conservative in the face of such potential? Sure, the CCs will give you a guaranteed return, but you will pick up just ten bucks now for Jan 01 $120s"

$10 plus the difference between today's price and the $120 strike price. More like $48. Plus the $10 will go back into more AMD shares. That's over 60% return between now and Jan if all works out. Is that really so conservative? I'm not trying to make a fortune here. I don't see CCs as caping growth. I can roll those Jan CCs and increase the strike price with no money out of pocket. Jan is only 5 months away. I'm speculating here but if need be I can probably increase the strike price by $5-$10 a month by rolling. That works for me. These shares were free and my eggs are not all in this one basket.

EP