Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: prybior who wrote (99020)	3/20/2000 7:46:00 AM
From: niceguy767	of 1577189

Andre Pareis: Re: "Probably the gap between $42 and $46 gets filled in the next few days. This might be the last cheap buying opportunity for the next couple of months! Comment: If that gap was going to get filled it would have happenned last week. It saw its closing low for the foreseeable future at the $48 to $48.50 range (previous all-time high). Normal trading range is $50 to $60 (+or- $2)which implies, technically, that AMD is a very strong buy at $50...Further, fundamentals suggest that AMD's stay in the buy range will be evanescent! Look for a test of $60 in the very short term! My guess is you'll be waiting a long time if you're thinking on waiting for $42 to buy more AMD...In fact, I don't think you'll have a whole lot of time to get in under $60!

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