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


To: Brian Hutcheson who wrote (30275)3/27/1998 12:46:00 PM
From: StockMan  Respond to of 1570901
 
Hutch,
Re -- Now could you please explain how short sales can work...

Because the market manipulation of the stock can only work for a short period of time, after which the stock tends to gravitate towards the REAL market value.

I dont expect you to understand any of this. But do me a favor, and email this to the Royal Mounted Police.

Stockman



To: Brian Hutcheson who wrote (30275)3/27/1998 3:16:00 PM
From: Petz  Read Replies (1) | Respond to of 1570901
 
Brian, to be fair to greg, the AMD notes were the place to be in '97. Good day. Petz



To: Brian Hutcheson who wrote (30275)3/29/1998 2:27:00 PM
From: greg nus  Read Replies (2) | Respond to of 1570901
 
Brian, Contrary or not AMD is facing at least six fundumential problems which are an impediment to the stock realy taking off. So far I have found no evidence of solutions to these problems. I am patiently waiting for AMD to address the issues and suceed untill then I can't commit any sizable investment. Not when other oppertunities like PIXT are out there giving me a tripple since last DEC. Wake me up when AMD starts moving. Otherwise it's too boring reading all the useless bull. PS AMD Here is another indication AMD stockholders are headed for more significant dilution for what little earnings AMD can muster. AMD has asked NYSE to reserve trading symbles for AMD.P AMD Prefered and AMD.B AMD Bonds. Both of these new issues will have conversion to stock features offered as sweeteners to debt buyers. Since the underwriting houses know this information they sell AMD short and cover when the issue is floated and the full affect of the dilution drops the stock price down to the revised trading value based on the earnings being split on the additional shares outstanding Read Accounting standard rule 128 compliance standards now in effect for all publicly traded companies. The selling short is an arbitrage designed to protect the underwriters postion taken during the distribution period. The issuence of additional shares is immeadialty dilutive, The underwriters buy the entire issue and then resell throught an offering. The underwriteres are ot going to buy unprotected against the dilution, so they short sell in anticipation of the offering. Underwritings are almost always syndicated and the rest of the participents set their shorts for their allocations. Traders see what is going on and join in. Next thing you know there's a million shares short for a company that their supposed to sell to their customers, be going up? Explain this to Albert he does not know what an arbitrage is, or what to engage me in one of his mindless games. He needs to hve a point now and then to get anyone to read his posts. At lest he did not kill the messenger, he just delclared him braindead. Then you come by and kick me in the gutter. Contrary indicator. The only thing contarary is AMD's silence. Go kick that cat next!