Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Mani1 who wrote (112821)	5/25/2000 6:09:00 PM
From: niceguy767	of 1575984

Mani: Re: "Could there be something? Chipsets, Dresden, MB's? Why the huge volume past two days?" Comment: Some market players are spooked by AG maybe? (couldn't resist it!)...Just a selling climax...Heck, just a week ago, AMD was testing $90...GTW announcement today is an indicator that all is well with Duron, T-Bird, chipsets, MB's and Dresden...The price dropoff ($20 in fewer than 10 trading days) has been severe enough to scare off even many of the AMD bulls on this thread...so imagine how nervous less ardent AMD shareholders feel...They've run for the exits the past week which is perfectly predictable (albeit in hindsight) given the negative backdrop of the general markets...Soon enough (well maybe not soon enough as it didn't happen today) investors will be chasing AMD the other way (we saw the initial signs of this today) and pushing the price to new all-time highs above that $92-7/8's hurdle! but for the near term look for a test of the minor resistance at $77!

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