Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Epinephrine who wrote (1852)	7/21/2000 5:59:49 PM
From: dougSF30	Read Replies (1) \| Respond to of 275872

This earnings/expiration pair was particularly bad. Why? (1) Wild expectations (myself included) for Q2, leading to (2) Massive July call buying (gladly supplied by the big fund guys who own the underlying shares), most of which were held through earnings due to little runup ahead of time. This left (3) Only 2 days to exit those call positions between earnings (which were good, but less than speculators' expectations) and expiration. So, there were MANY more open outstanding call contracts at/above the money than typical for so late in the cycle (only 2 days to liquidate). I think it was the speculative longs who did the damage, perhaps assisted by professionals who recognized the downside pressure, and decided not to buy in until after expiry. At any rate... it's over. Doug

To: Epinephrine who wrote (1852)	7/21/2000 6:02:14 PM
From: ajbrenner	Read Replies (2) \| Respond to of 275872

Epinephrine, Thanks for taking the time to answer my post and put that table together. I remember those prices well. I was in Orlando on a golf trip. I kept calling Schwab telabroker from the course every 15 minutes and cursing what I was hearing. Not to sound to much like NG but I also think Monday will be the first of many up days. ajb

To: Epinephrine who wrote (1852)	7/21/2000 8:30:52 PM
From: Joe NYC	Respond to of 275872

cool post

To: Epinephrine who wrote (1852)	7/21/2000 9:14:48 PM
From: milo_morai	Read Replies (1) \| Respond to of 275872

On the brighter side for the week Symbol Security Close 52 Week High 52 Week Low P/E ratio Week Change AMD ADVANCED MICRO DVCS INC 80.25 97.00 15.63 41 -10.3% CPQ COMPAQ COMPUTER CORP 28.13 34.00 18.25 77 +0.4% GTW GATEWAY INC 62.88 84.00 31.44 42 -5.3% INTC INTEL CORP 138.19 147.50 62.75 53 -5.1% IBM INTERNATIONAL BUSINESS MA 114.44 138.88 89.00 30 +10.1% RMBS RAMBUS INC 89.75 127.00 14.63 0 -14.5% TXN TEXAS INSTRUMENTS INC 62.75 99..78 33.55 70 -14.0% Milo