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

To: steve harris who wrote (242615)	7/21/2005 11:18:14 PM
From: tejek	Read Replies (1) \| Respond to of 1573922

I had FDRY in one of my accounts but lost it over the weekend after it got called out. Needed to replace it with something else, a friend sent me a list of four others he was watching and I guessed right... I was going to write calls on CRUS the day of earnings but was unavailable to do it. I figured it would tank back to five like most stocks do and I would write the $5 calls before it did. Looks like I'll try to write the 7.5s tomorrow for 50c if it will budge a little more... I would do that. IMO the forward guidance did not justify today's action in the stock. Plus, $24 million of the $26 million net income was a one time legal settlement. With a gap begging to be filled, I suspect the stock will come back down and do a retest before moving much higher. FWIW. Pure luck. Sometimes.........that's all it takes.