Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 210.00

-2.0%

Jan 7 3:59 PM EST

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To: TechieGuy-alt who wrote (5648)	8/18/2000 6:47:57 PM
From: andreas_wonisch	of 275872

TechieGuy, Re: AMD's been very strong lately (last 2 weeks), with every successive day, not going below the low of the previous day, and closing above the previous close. You mean the last one week -- please don't remind us on the week before that. More serious: I expect a short-term weakness after this run-up (over 30% from the Monday low in only five trading days). Maybe Monday (the day before the split) is a good time to sell the options and buy in back later. Remember that IDF starts on Tuesday and I expect some Intel demos which could have a short-term pressure on the stock. If AMD is countering with its own demo that would be probably the day ahead on Monday. Technically AMD is overbought (slow and fast stochastic) after today's close. But then again my crystal ball couldn't be working ... so take this opinion with a grain of salt. ;-) Andreas

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