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Politics : Formerly About Advanced Micro Devices

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To: Richard Wang who wrote (92877)2/13/2000 2:48:00 PM
From: Yougang Xiao  Read Replies (1) of 1574542
 
Richard: <<AMD is now short, intermediate, and long term bullish. To view the future crystal ball, we should also look at the trading pattern of the last 20 years. AMD prices during this period had been capped at around 40. When AMD breaks out of this previously immutable price block, long term implications can be extremely striking.

If we look at this type of chart caps for many stocks, the breakout usually is followed by greatly accelerated stock movements to much higher and uncharted grounds. Gains
become not measured in %'s but in how many folds.

The targets around 60 may be appropriate, but only as intermediate term targets. On the way to these targets AMD would have broken through the overhead very long term cap.
We should look forward to much more than the around 60 targets over the longer term.>>


MUSIC TO MY EARS!!

LET'S HOPE AMD PERFORM BETTER THAN SSTI ON % BASIS:-)
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