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


To: f.simons who wrote (13736)10/13/2000 1:50:00 PM
From: dougSF30Read Replies (1) | Respond to of 275872
 
Why do you people think Jerry should buy back AMD stock???

The guy probably has 90+ % of his net worth tied up in it. He gets more options each year. Wisely, on some sort of plan, he sells a smallish chunk every so often.

And as an insider, there ARE rules about buying back at a lower price... I'm not sure if the period is 3 months or 6 months, or longer, but the upshot is, you forfeit the difference if you do it within the window. But he has SO MUCH amd stock, that there isn't really a reason to risk upsetting the SEC.

Doug