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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (104325)4/12/2000 4:08:00 PM
From: TimF  Read Replies (1) of 1570988
 
RE:Message #104325 from Jim McMannis at Apr 12 2000 3:55PM

RE:"Sure and then you brought back today at 64 right? :)"

Actually, my buy today is underwater a couple points...
Some real scared cats today...
I guess they feel it never hurts to take a profit going into an AMD earnings report.

Jim

I saw how it was going down and I put in a limit order for 25 shares at 62. (Not a big order but its big for me). It never got quite low enough for my order to execute but it
wasn't that far away at the interday low. Its probably just as well. Any further invesment I make is with money I might need in another month. I had allready exausted the money I
had allocated for investment. If the order did go through I would have to pay for it out of money I plan to use for a downpayment for a house some time this summer. I would have in a sense been betting the house on AMD. I think it will bounce back, but that doesn't mean I should take too much risk now. Even if AMD is solid if the market as a whole (or specifically the market for tech stocks) keeps going down it could drag AMD with it. Not that I anticipate a big bear market but I could just imagine myself overextending my investments right at the begining of one.

Tim
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