Advanced Micro Devices - Moderated (AMD) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 210.80

-4.8%

Dec 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan3 who wrote (16878)	10/31/2000 9:50:57 AM
From: niceguy767	Read Replies (2) of 275872

Dan3: Seems everybody is waiting for everybody else before jumping back into the tech market...In a period during which all AMD fundamental indicators have strengthened on both a relative and individual basis, AMD's market cap has lost more than 50% of its valuation...At $20, the naysayers in our midst (in hindsight for the most part) tell us that AMD was vastly overvalued at $48.50, while the yeahsayers (i'm in that camp) will tell us that AMD will be at $75 by year end... From a technical perspective, I'm looking for a fairly significant and prompt AMD price revaluation once it breaks out of its current 3 month downchannel...A close at $23 will signal this breakout...While recovering rapidly to $48.50 over the near term, minor resistance points at $24.75, $27.50, $35, $40 and $45 will be encountered...I stress that recovery could be exceedingly swift once the tech market sentiment turns owing to the fact that AMD's fundamentals have strengthened greatly over the past 3 months in stark contrast to the unjust punishmented meted out by negative market sentiment...AMD has world leading flash product and world leading "spry Athy" microprocessors...and just yesterday, AMD sealed its leadership status by unveiling along with its host of high profile partners its commitment to the next major evolution in memory, DDR...AMD is now positioned for explosive growth in Y2001...certainly 25% would be conservative...in fact 40% might prove conservative!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next