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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (101890)4/4/2000 12:00:00 PM
From: niceguy767  Read Replies (1) of 1570499
 
Jim:

Re: "I totally agree...with any rally in tech later today, AMD should make a run at 65.
OTOH, with AMD running up into earnings, AMD will need to surprise to the upside even more to avoid a sell off after earnings come out."

Comment:
Nasdaq now testing 4000, AMD testing $60...Enough is enough!!!...let's see if we get any kind of a bounce here...

Like I said earlier, AMD is going to trade all over the map,like a roller coaster, but the bias will be strongly up once the dust settles, imho! Concerning earnings, if AMD is below $70 when earnings are released, I wouldn't count on any selloff...On the contrary, I'd look for a significantly higher price than $70 a week after earnings release! (Currently Nasdaq 3900 and AMD $57.50)...Looks like a classic whipsaw is unfolding here and the day isn't even half over! Wonder what the other half of the day will bring! Hopefully equal and opposite!
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