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08/10/07 4:24 PM

#46714 RE: Elmer Phud #46711

Re: I have been slowly buying back my short AMD below $13. I'm expecting a pop from the vapor Barcelona intro and I want to short it again above $14 or $15. Those I expect to close in single digits.

I'll hold onto my Jan09 $10 PUTs. If the stock gets to $15 on Barcelona optimism, I'll double down on Jan09 $12.50s. I won't go in for anything less than that. I'm not the kind who will cry over $1 of missed opportunity.