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


To: redbird who wrote (34704)4/3/2001 2:39:20 PM
From: Pravin KamdarRead Replies (3) | Respond to of 275872
 
Looks like the market has decided that AMD will be going bankrupt soon, but that Intel will be just fine.

Pravin.



To: redbird who wrote (34704)4/3/2001 2:55:24 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
redbird:

Right about now, ($23.00), an AMD at $25 at the close would suit me just fine...even though that's about half of what it should be priced based upon comparative financials, even in this market!!!

Dow down 300 plus, Nas down 100 plus and SOXX under 500...I guess we're experiencing yet another capitulation...Isn't this when serious buying materialises...Hope, hope!!!



To: redbird who wrote (34704)4/3/2001 7:50:57 PM
From: eplaceRespond to of 275872
 
redbird...Glad I sold April and bought May, though.

I didn't know you had sold some covered calls. Good move and at what price? My position was closed yesterday morning, and boy was I early. I also turned around and bought April 25 calls yesterday, also too early. Hopefully things won't get much worse so I bought some May 27.5s when AMD was at 23.10. This is one ugly bear so best of luck to everyone long that this market doesn't blow up in our face.

Regards
Ed P.