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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 216.65+0.7%1:38 PM EST

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To: Chung Lee who wrote (854)7/15/2000 7:17:17 AM
From: hmaly of 275872
 
Chung Lee ....<<<< Thread, is this what we can expect next week or is it different this time...due to good ASP and the good profit pipeline from thunderbirds durons.<<<<<>>>>

Chung, it is different this time because market conditions are different. Last April, the market was just getting into its funk. Now the market seems to have picked up volume and breadth, and I believe will start to rally in all sectors.. In addition there has been a greater emphasis than usual on stocks which make earnings (which I assume will be the case) as opposed to companies which miss. Intel because of their huge investment sales, will have a big number which should drag AMD up. AMD is starting from a lower pt. this time as 89.25 is $7 + below the all time high, and with good forward guidence I believe stock should hit triple digits. The only real negative is that witching week is next wk. and Intels P4 announcement.
Harry
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