Dronamraju Ravi Prakash

Talking to chuck, I am convinced about the opportunity AMD has in the market. The stock looks like it has appreciated significantly in the last 4 months, as the entire world woke up to the market opportunities. AMD has been up close to 100% in the last 3 months.

Is there any more upside to this ? How do we play this stock?

I see that market position is going to take a while to change. Intel is not going to get their 64bit act together and they are not going to get their multi-core strategy in place. AMD is positioned well here over the next year or 2, as the adoption of AMD for small servers increases.
There is easily an upside of 50% in the stock, over the next year.

I looked up AMD LEAPS and they look attractive. I got into Jan 06 22.5 calls @ $3.70. The upside should result in ~100-200% returns on investment. However, i am risking the whole investment and downside is bigger as well..

Let's see. This one seems easy to me - right now.