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Elmer Phud

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Elmer Phud

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Re: wbmw post# 3544

Thursday, 01/16/2003 5:38:45 PM

Thursday, January 16, 2003 5:38:45 PM

Post# of 151707
Wbmw -

I have said all along that I don't expect AMD to go anywhere so that's why I sell the CCs. I just sold some Feb $7.5s today for only $0.50 but I didn't want to wait until after earnings (Ha!) because anything could happen. This is much much worse than I expected. The higher speed TBreds didn't help ASPs very much did they? I expected the operating loss to be much less...

Still I think AMD will hover in the $5-$7 range. I'd just sell the $7.5s if I were you. What's going to happen in the next couple of months to propel this stock higher? I'll be very careful with the Aprils though because that's just after the next earnings (Ha!) report and AMD obviously refuses to issue warnings.

Do you think it was just a coincidence for that Hammer benchmark to appear today?

EP

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