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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (120711)	7/22/2000 11:12:31 PM
From: Paul Engel	Read Replies (3) \| Respond to of 1572963

Elmer - Re: "After all his luney claims that AMD was taking off to the moon that very day, all I can say is it couldn't happen to a NicerGuy. " Well said !!! Now - repeat that 767 more times !! Re:" AMD is now a viable company with the prospects of profitability for some time to come." AMD will prosper for the duration of the strong semiconductor business cycle. Once that comes to an end, I suspect they will resort to their old tactics of price bombing to gain market share - and sacrifice profits. The AMD leopard cannot change his spots completely. Re: "There is a reason why they say 80% of the people playing options lose money. What they really mean is 80% of the people buying options lose money. " AIn't that the truth ! These guys think they are going to strike it rich by investing 5 or 10 thousand dollars by buying a ton of Call Options for a few bucks - way out of the money. Come expiration date, that option is still out of the money and these bozos are OUT OF THEIR OWN MONEY !! My guess is that SpryGuy dropped $325,000 on July Call Options - if you go back through his posts describing his Call Option Purchases. Can you imagine dropping $325,000 - with no prayer of getting it back ? If he had bought AMD stock, he could have at least had a "prayer" that the stock will one day recover. But $325,000 lost - in one fell swoop !! As McJimbo would say - "BAM !!!" Paul