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

To: AK2004 who wrote (31205)	4/7/1998 4:08:00 PM
From: StockMan	Respond to of 1584428

Bert, re -- went for a short term strangle So whats a strangle. Stockman

To: AK2004 who wrote (31205)	4/7/1998 4:11:00 PM
From: David Su	Read Replies (1) \| Respond to of 1584428

I got in amd for a short term strangle. Buy AMD 27 1/2 puts, and 30 Calls, but I had more weighted on the short side. I think AMD is heading to 24 quickly unless the forward looking statement sound beyond what analysts expected. Comments by Analyst on CNBC do not sound good. Most analyst do not expect upward suprise. I personally think AMD is not going to make it but -$.29 is pretty hard not to beat it. Let's wait and see for the earning. David