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

To: Gopher Broke who wrote (1604)7/20/2000 1:27:58 PM
From: kash johalRead Replies (1) | Respond to of 275872
 
Gopher,

re: Short interest

Yup, it may lead to volatility.

But if shorts didn't cover prior to earnings and stock at $92 i can't see them covering at sub 90 and just options expiry.

The shorts will likely killed on a seminal event such as a Dell design win.

In fact short positions may be increasing.

regards,

Kash



To: Gopher Broke who wrote (1604)7/20/2000 1:33:17 PM
From: niceguy767Read Replies (2) | Respond to of 275872
 
Gopher Broke:

Re: "What about the 12 million plus short interest? That is a pretty destabilizing force. If they all think that AMD has bottomed and that it is likely to move up after Friday then tomorrow could be pretty explosive."

Comment: At $85-1/2 I caouldn't resist those July 90's at 3/8's so picked up 200... Hope the explosion occurs before Friday's close!!!


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