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


To: neolib who wrote (240269)9/11/2007 11:45:07 AM
From: Sarmad Y. HermizRespond to of 275872
 
>> Sept 12 puts

I think AMD is rock solid in the 12's until it is very clear that cash is down to covenant-breach level. And then when they secure financing, it will pop up just like last time. Ten institutions hold 60% of the shares. It looks like they keep propping it up.