Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: SteveC who wrote (106497)	4/18/2000 12:25:00 PM
From: niceguy767	Read Replies (1) of 1573841

steveC: It's interesting to review the past 6 months performance of AMD relative to Nasdaq and to Intel...It is fairly obvious that AMD has been the outperformer in a relative and absolute sense...Another way of saying the same thing is that there has been a reduced correlation between AMD and INTC/Nasdaq prices...Having said that, there may be some kneejerk short term negative influence on AMD of poor INTC earnings, but unless INTC earnings were so negative (which i doubt) that they take down the market once again, AMD should continue with its pronounced upward bias for the foreseeable future...AMD is almost disengaged from any INTC and Nasdaq possible negative influences, imho! (AMD remains the biggest bargain in the marketplace at current price of $77, imho...I'm still looking for the next 30% price increment (we may be in it right now) in the near term...not unlike the 3 previous price surges that have occurred since November)...

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