Replies to post #30374 on Advanced Micro Devices Inc (AMD)

[HailMary]

HM, so I guess the game plan can be to unload 50% of position by earning day

My plan is to unload my trading shares and options, which are about 25% of my position, just before Q1 earnings. On any pullbacks throughout Q2 and Q3 I'll write puts to reaccumulate shares or collect cash.

I'm not touching any of my long term shares. I don't plan on selling those for quite some time so daily or even weekly fluctuations are not a concern.

The only thing that would change my strategy at this point would be a major AMD botch up, which is possible with the 90nm transition still ahead.

[rlweitz]

YB,

Sell the run up to Q1 earnings, and reload during the post earnings pull back.

This should work as long as you're sure we won't get blind sided by MUCH better the expected earnings report.

Remember what happened when Athlon sales caught fire in Q1 2000.

[j3pflynn]

yb - that classically has been a safe plan for AMD, but this time things may be a little different. Many things have changed.
Paul