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

To: Lynn Segal who wrote (13911)	10/14/2000 1:18:33 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

Lynn: There is no discernible reason that I can delineate to be short AMD at $50, let alone $22...That there are 25 million shorts at $22 raises the possibility of the spectre that the price is being played/manipulated by the pros as there is absolutely nothing in AMD's Q3 report to substantiate being short at $22 or to substantiate the drop since August by $25 from $45 and nothing on the competitive horizon to suggest that AMD's flash and microprocessor divisions are about to give up any ground...On the contrary, Q3 results imply 25% to 40% revenue growth for AMD's foreseeable future and a price well above $45, not below... I'll leave the task for the mathematically blessed in our midst, who, equipped with the toolset of short sales, options trading, and an "unlimited" pool of dollars, to design a trading vehicle that could have been designed at $45 in July to push the price back to $22 by October to unwind wrong sided October leap option contracts entered into one year ago at this price level...in the face of fundamentals, as evidenced by Q3 earnings, that would more readily support a $25 increase from the July $45 price than a price drop of $25...can such a trading strategy be concocted??? Perhaps the proof is in the pudding???