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

To: Bill Jackson who wrote (80260)	5/19/2002 11:56:18 AM
From: Elmer	Read Replies (2) \| Respond to of 275872

Elmer, Even your mind runs in curcles....or is the Indy run on a square track now? Bill if you want to believe AMD's process is doing fine then who am I to stop you? I'm frankly beginning to think it isn't really sporting much anymore to trash AMD because they are falling so far behind and it's obvious to a blind man with any semiconductor background. I think it's obvious to you too and you're either joking or I've given you way too much credit. There are plenty of good Put strategies, CC strategies etc. to give us something rational to discuss. I'm currently short June Puts @ $10 and short July CCs @ $15. I'm expecting the June Puts to expire worthless and I may write July $15s. Kap has made some good money expecting Intel to go nowhere and I expect AMD to do the same thing. If it does go up I'll still make money and I'm not too worried about it going very far below book value. This is a great time to make money on AMD or just build a large position in case they ever get back on their feet. Flash could make up for processor problems. Not all is bad at AMD. EP