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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (79811)11/13/1999 5:51:00 PM
From: ajbrenner  Read Replies (1) of 1579369
 
Re:A better question would be why AMD would lose anything in Friday's trading.

Tench,

I think the short answer is "profit taking".

Despite what some AMD longs (such as myself) hope, AMD will not rocket through the ceiling overnight. What we need to do is establish a reasonable base and move up from there.

Re:Is Wall Street concerned that this response will drive AMD back in the red?

I don't know about Wall Street but I sure am. I think we can agree though that further drastic price cuts by Intel followed by matching cuts by AMD is good for no one but the short sellers.

ajb
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