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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: minnow68 who wrote (925)7/17/2000 6:46:41 AM
From: RDMRespond to of 275872
 
Chic

I have been investing in AMD for twenty-seven years. It is the one of the primary sources of much of my lifetime market profits due to its volatility. So I am not anti-AMD. To the contrary I am an AMD investor(Intel too).

However, I have seen many un-believable short-term counter-intuitive responses to AMD news (both positive and negative news) through the years. These counter-intuitive responses may be why Cramer (thestreet.com) stays away from AMD for trading. Your options strategy may be brilliant, but two days is a very short time. I wish you good luck.



To: minnow68 who wrote (925)7/17/2000 5:25:33 PM
From: brushwudRead Replies (2) | Respond to of 275872
 
AMD could have earnings in excess of $2.00 per share and not break $100 before July options expiration.

Yeah, the past few months it seems that AMD's stock price has been held down through expiry. Last month, as I recall, the stock popped $9 on the day after. Someone had an explanation based on hedging by call writers, but I can't remember how it went. Maybe August calls would be a surer bet.