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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: techtome who wrote (14230)	2/21/1999 11:49:00 PM
From: Bill on the Hill	Read Replies (2) \| Respond to of 90042

AMD - Advanced Micro Devices. New chip to be released. News from Gateway today (Sunday) that Gateway will be using the AMD chip and chipset in their computers. Price is close to the knocked around price or 52 week low. High was 33 recently. News of speed of the new K-6 version 3 chip coming close to the Intel chip and this could rise fast. With short covering could make for a quick rise toward previous highs???? Looking hard at two options plays. Mar15 calls are 3 Mar20 calls are 5/8 Figuring the amount invested and the possibility of rise the 5/8 look tempting and less risky. Opinions welcome. Thanks, Bill