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

To: Pravin Kamdar who wrote (10807)9/29/2000 10:10:52 PM
From: pawaRead Replies (2) | Respond to of 275872
 
RE:I am fully margined in AMD

I just got back from a trip to China, didn't look at any stock news but was encouraged to see ads for AMD Athlon on busses and billboards. When I got home and saw AMD at $24 I thought "I should buy more!", but no cash left. Maybe I can sell something else to buy AMD, oh boy they are all horribly depressed. How about margin, oh right did that before I went on vacation. What is this in the mail - MARGIN CALL(s), they sold some of my AMD while I was on vacation and want me to sell more on Monday!

Can we just skip the 1st 10 days of Oct this year?

Pawa



To: Pravin Kamdar who wrote (10807)10/2/2000 4:03:50 AM
From: Joe NYCRespond to of 275872
 
Pravin,

I think someone here (kash?) mentioned that you can sell covered calls, and proceeds from those reduce your margin exposure. It's an alternative to getting your stock sold at the lows.

Joe


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