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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (80826)11/23/1999 3:54:00 PM
From: niceguy767  Read Replies (1) of 1573850
 
Hi Jim:

I won't be unhappy at $58. My eyeball guesstimate was a conservative $60 to $65 for 5 year breakout. I'm satisfied that you agree that it is above the $58 upper boundary of the 5 year chart as the point I was attempting to make was that any close above the 5 year upper boundary would confirm that indeed a paradigm shift has taken place. My primary and secondary concerns are $28 and $48 respectively. Technicals and fundamentals suggest to me that $28 will be tested by the end of November and $48 could be tested by the day after 99Q4 earnings release, if not sooner, as there just isn't a lot of stock available above $28 from a technical perspective.

If you have longer term data, I'd enjoy looking over it. Thanks for the offer.
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