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

To: Chung Lee who wrote (1579)7/20/2000 12:04:10 PM
From: kash johalRead Replies (2) | Respond to of 275872
 
Chung,

I think the $75 number is incorrect for max pain.

My schwab report showed huge positions in 90 and 95 calls.

Thats why i chose not to buy in.

I would be surprised at a $75 max pain number.

regards,

Kash



To: Chung Lee who wrote (1579)7/20/2000 12:04:22 PM
From: ScumbriaRead Replies (1) | Respond to of 275872
 
Chung,

Apparently the market was not very excited about the prospects of only doubling Athlon sales during each of the next two quarters.

They seem more inclined to reward a mediocre failure like DRDRAM, than a resounding success like Athlon.

Rambus did make over a million dollars in net income to justify their $10 billion market cap. Only 10,000 quarters of income could buy all the stock back.

Scumbria


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