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Politics : Formerly About Advanced Micro Devices

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To: kash johal who wrote (115352)6/10/2000 8:06:00 PM
From: tejek  Read Replies (1) of 1571799
 
OT

Kash,

The two stocks seem to have a lot of analyst support. As for me, I made a decision back in March not to get into stocks that don't make money. I know that they attract a lot of the momentum players but I got burnt in March and I can see that those are the stocks that are the first to plummet and they typically fall the farthest.

Having said that, a cautious note re the two stocks....both have been in a down trend and are now flirting with crossing over and starting an uptrend...however, both have encountered resistance. You might want to wait for ICIX to cross $40 before buying more. BTW did you know that ICIX's recent runup was due to merger talks with another company and apparently those merger talks have broken down, causing the stock to drop $6 on Friday? On Friday, D. Faber of CNBC reported the talks have broken down over accounting issues. You might want to check it out.

ted
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