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Politics : Formerly About Advanced Micro Devices
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To: niceguy767 who wrote (87185)1/14/2000 10:58:00 AM
From: Process Boy  Read Replies (3) of 1572777
 
niceguy - <As far as AMD goes, there is resistance at $38, the upper boundary of the 3 mth.trading channel. My guess is this formidable boundary will offer significant resistance, which, if overcome today (and don't be surprised if it is), would signal a rapid escalation to $48.50, the AMD all-time high.>

Of course, the strength of INTC's earnings and forward looking guidance of strong demand has nothing to do with AMD price action.

PB

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