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


To: kash johal who wrote (45342)1/10/1999 9:24:00 PM
From: dale sicher  Respond to of 1580442
 
Wow! You bought puts on Amazon? Now I know why they call you kash.

I got attracted to AMD because of the upcoming earnings. I like to buy puts and calls on some companies near earnings in the hopes that the market will correct sufficiently enough in one direction or the other to make the speculation profitable. Sometimes it works nicely (like Newbridge Networks or Jabil Circuits), and sometimes it doesn't (like that damn Adobe Systems). Anyway, the more I research the AMD/Intel story, the more I like AMD's potential. That's not to say there won't be disappointments in the future (all flaming aside, Intel is a truly awesome foe), maybe even come the middle of this week (that's why I have some puts too), but generally speaking the market seems to be giving odds that AMD is still not for real (low stock price) and in this day of overvaluation AMD seems to be a possibly good mid to long-term play.

Anyways, good luck to you this week, and if you know of any stocks that might exhibit above average volatility in the near future, give me a holler. I just love those straddles.