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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (100450)3/28/2000 1:10:00 PM
From: Elmer   of 1576598
 
Re: "With Intel capacity constrained,I would expect that they should have a very good quarter. In fact I am surprised that they have not preannounced. What are your thoughts?"

I think Intel will post a strong quarter however I think the shareprice got ahead of itself and needs to consolidate or pull back for a while. As for AMD, it looks to me like it's going to stick around here in the mid 50s until earnings. If earnings are strong and with a good forecast then I expect it will move higher. No surprise. I'll be writing more puts and CCs.

EP
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