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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (121094)7/27/2000 8:28:33 PM
From: david_langston  Read Replies (1) of 1573246
 
Jim,

Do you think we are very many days away from an intermediate selling crescendo in the semis? The 10-15% drop today in many of the high PE, chip stocks ought to be generating some margin calls tonight and tomorrow. OTOH, the weekend could act as a firebreak to let investors reconsider the new "bargains" in the sector.

Dave
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