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

To: Paul Engel who wrote (59050)	5/20/1999 11:32:00 PM
From: kash johal	Read Replies (1) \| Respond to of 1583737

Paul, Re: "AMD and DLJ will be manipulating AMD's stock price - pushing it UP - to minimize the dilution when AMD has to sell the shares - with a deadline of June 30. The higher the share price, the fewer shares required to be sold. Just like DLJ did last year when AMD sold convertible bonds to DLJ's sucker list - they ran the stock up to >$30 on all kinds of bull sh*t rumors right before the sale." Well I sure hope you are right. I sold covered calls last time when the stock was $30 and bought them back after the big dump. I may do the same again. Obviously not as profitable as your trading but it still gave some protection and lowered my cost basis by a few points down to below $16. I'm not sure I would sell everything and short unless I see Intels response to the K7. Regards, Kash