Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 217.91

+0.9%

Dec 5 9:30 AM EST

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To: dougSF30 who wrote (3216)	8/1/2000 7:35:32 PM
From: david_langston	Read Replies (2) of 275872

Doug, Re: announcements [that] would decouple AMD from the SOX (to the upside)... I'm sure that those announcements would cause a bump in the stock price for a while (perhaps a few days), but I feel the price would fall back in-line with a declining SOX within a week. Even if AMD doesn't announce anything, we still have another test of the power of "good news" on a stock price in this market that just started today: MOT, something of an undervalued, market laggard, announced that they expect to meet 2001 estimates and held a very upbeat meeting with analysts today. The stock price jumped over 5% to 35 on this ugly day. If the bearishness persists, we can see if MOT can buck the trend. I realize that they aren't a pure semi-play, but rather more of a telecomm stock. I think that the general market pessimism will pull them back down. I could easily be wrong. We shall see. Regards, Dave

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