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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (158258)	1/17/2003 1:08:09 AM
From: tejek	Read Replies (1) \| Respond to of 1573197

Bush isn't spending like he has an unlimited credit line. Esp. if you don't include spending that automatically increases in downturns and spending that was pretty much a direct consequences of 9/11. However I would like to see actual cuts in many areas and I don't think that will happen soon. What do you mean he's not spending? He's implemented a tax cut last year.....and now he wants to do them. He's pushing for Star Wars program again. And he just came up with a $600 billion stimulus package. He's like a fashion victim with a new credit card. ted

To: TimF who wrote (158258)	1/17/2003 12:15:38 PM
From: tejek	Read Replies (2) \| Respond to of 1573197

Tim, can you translate this into English for me? TIA. ted _________________________________________________________ Watching the Expiration 1/17/03 10:22 AM ET "Coming into this morning, here are a few stocks with large open option positions in January that will need to be resolved in some fashion today. Most revolve around the at-the-money strikes. Look for potential 'pinning' action. Applied Materials (AMAT: Nasdaq): open interest of 30,000 contracts each in the Jan. 15 put and call. Dell (DELL: Nasdaq): 50,000 Jan $25 calls; 45,000 Jan. $25 puts. Intel (INTC:Nasdaq): 100,000 Jan $17.50 calls; 50,000 Jan $17.50 puts. And here is an intersting situation: The strikes with the largest open interest in the S&P 500 options are out-of the-moneys. The Jan 900 put and call both have 26,000 contracts open. The Jan 925 put and call both still have about 30,000 contracts open apiece. Somebody strangling for some income? Or betting on a busting move? "