Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Charles R who wrote (78539)	11/3/1999 6:18:00 PM
From: tejek	Read Replies (1) of 1575981

Charles RE <<Weak managment and no killer products. We got the Chartered pop in the last couple of weeks and now I am not sure if there is much left until something else develops - share buyback or buyout or until next earnings or something like that.>>> I plan to sell a lot of mine as well. I was hoping it would go up some more before I sell. And let me know what your friend says about MMCN. Its initial drop from the 50's to the 30's was due to losing revenue when IBM announced it was exiting the switcher business. Since then the stock had stabilized and looked like it was going to retest its recent lows and then move up when it crashed big time. One of the reasons I bought in today is because 57% of the stock is held by insiders and I figure that they have a vested interest in getting the stock price back up in a hurry. In addition one of the VP's bought some shares in Sept. after the IBM problem had surfaced. Otherwise I would not have gotten near a stock dropping like that. I put in tight stops just in case. ted

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