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Re: Elmer Phud post# 36858

Friday, 01/12/2007 11:31:20 AM

Friday, January 12, 2007 11:31:20 AM

Post# of 151823
Of course, now the big question is, sell the puts and take the 50+% gain we got today, or hold through earnings?

Tough call...my price target was $18 in Q4, and $13-15 by Q3. They've hit my price target for my April puts, so discipline says I should sell, but I can't shake this feeling that things will be even worse once they factor in the ATI results.

We probably shouldn't underestimate AMD's ability to spin things at their conference call....
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