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

To: Elmer who wrote (73020)	3/3/2002 2:48:12 AM
From: minnow68	Respond to of 275872

Elmer, You wrote "Ahhh... no. He argues that you could do just as well following the general upward trend by picking randomly." Your summary of a book you admit you have not read is not even remotely accurate. You also wrote "I suggest you avoid options" Indeed, I almost always do avoid options. The only time in my life where I've had a serious option position was during the first twelve months of the Athlon's life, when I believed that AMD's chance of market success was not accurately modeled by Black Scholes. I was an extremely aggressive seller of puts and buyer of calls on AMD that year. I ended the year with a six figure profit on the options, but I do not believe it is repeatable, and I haven't tried. In any case, I hope things do work out extremely well for you Elmer, and you become wealthy beyond your wildest dreams. Mike