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

To: bacchus_ii who wrote (80511)	5/22/2002 10:13:20 PM
From: Elmer	Respond to of 275872

No mater how you juggle with the thing, covered or not, selling call in a bearish move. Not necessarily. I am not bearish on AMD with the stock price near the book value. I'm more or less neutral because I don't expect AMD to go much of anywhere because they don't have the technology. The Call premiums are very nice right now so that's where the action is. People are willing to throw their money away in expectation of a runup that's just not likely considering the manufacturing problems plaguing AMD for so many months. If they're willing to throw their money away then I'm willing to take it. EP