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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (121492)8/2/2000 1:55:16 PM
From: Petz  Read Replies (2) of 1575380
 
ted, thanx for "the new/existing home sales are down" report. That, and the UTY index hitting a new high yesterday mean the tech stock debackle has less than a month to run.

I think the AMD weakness today is based on DELL downgrade and lower computer sales so I consider it a buying opportunity. The weakness is in business sales. Home and small business sales are not weak at all, rather stronger than normal for this time of year.

Also its very bullish that MOT is holding its gain and adding to it today. That means good news is NOT being totally ignored. Ditto SUNW, even with a forward PE is >100.

Petz
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