To: rupert1 who wrote (169515 ) 8/20/2005 8:20:03 AM From: niceguy767 Read Replies (2) | Respond to of 275872 " The question is how much of that anticipated growth is already in the share price and how vulnerable the price may be to broader market movements." Really? "Then there is the question of flash. There are tidbits of information which suggest that the loss may be less this quarter but it is far from certain." Really? Hmmm: so, let me see, what you are saying is that there are risks with any investment? Sheesh, that's very helpful and very motherhood once again. As an investor, the only relevant decision is whether the existing phase is likely to be highly bullish, bullish, neutral, bearish or highly bearish. Once armed with that decision one can develop an investment strategy tailored to that outlook with some options (calls, puts) or shares (long/short) or some combination (covered calls, etc.) As an investor, risks are everpresent. As an investor, one needs to make an assessment of the risk elements, company(micro), market (maro) and technical risks and act within specified short, medium and long term time horizons. Reading your posts rupert1, one might wonder, me anyway, if you are capable of making such an overall assessment of company, market and technical risk. My sense is that you waffle a great deal. In fact, your posts make me wonder how you ever arrive at an investment decision ;-) Again, concerning AMD, for the record, I couldn't be more bullish concerning company risk for any number of previously cited reasons. With oil high, interests rates low to OK and global economy, on the whole, reasonable to good, I'm neutral to positive on market risk. Technicals look strong given the likelihood of normal Q3 and Q4 seasonal factors. All in all then, I'm highly bullish on the current short, medium and long term phases, an outlook that has prompted an ongoing accumulation over the past 4 months, as my primary position, of Oct and Jan call options. Sprinkled in, of course, have been small (generally unsuccessful) plays on very short term options, most recently, Aug 22.50's. Am I to read into your statement of risk, that you have concluded, based upon your risk assessment, that AMD is unlikely to move from $20 over the next 4 months because it has already moved from $14 to $20 and because of the flash risk? What, if any, is your AMD price outlook for the next 4 to 6 months and within such outlook, how do you propose to maximize your AMD ROI (long, short, shares, calls)? (Answer that question constructively, (i.e. without your usual heavy dose of equivocating/venting and smothering motherhood statements) and you'll have provided some potentially valuable contribution, imo.)