Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Steve Porter who wrote (104838)	4/13/2000 12:24:00 AM
From: niceguy767	Read Replies (1) of 1576777

steve: Re: "Well there are a lot of greedy people who would probably be quite happy to take cash off the table. I mean AMD has been on a tear. Don't lose faith if tomorrow isn't that great. I know I'm advising some people take money off the table if it hits the $90 range. Simply because I had them buy in the mid 20s." Comment: Most of those buying at $20, if not already out, would have let go the past 3 days, if they were going to let go...With today's news pointing quite clearly to an upward revaluation to $150 over the next 3 months (at the outside), I would doubt that they would get out at $90...Almost 50% of the effective float has turned over in the past 6 trading days at an average price somewhere around $72...I doubt very much whether many of these purchasers between $60 and $79 will let go at $90 after hearing today's earnings report...

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