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Politics : Formerly About Advanced Micro Devices

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To: eplace who wrote (98321)3/13/2000 7:40:00 PM
From: niceguy767  Read Replies (3) of 1570665
 
kash, eplace:

No way for $45.00. Doubt you'll see another close below $50 and certainly not below $48.50, it's all-time high! Tremendous volumes through the past week in $50 to $57 range have established a new foundation from which the next jump in price is about to take place...AMD has weathered the X-box hype (bittersweet and probably good for AMD at this stage of the Athy rollout as they can focus solely on the top-end where competition is difficult to find) and the test of $48.50 today amidst the overseas negativity...AMD is now poised to move forward to test $60 once again...(Sure hope I'm right and you guys are wrong as I bought more March 50's today based upon the foregoing assessment!)

You gotta know, once it breaks $60 (could happen this week if AMD pre-announces), another price explosion is in the making...probably before Q1 earnings release on Apr. 12 but certainly by the Apr. 21 expiry date!
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