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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 249.66+7.6%Jan 21 3:59 PM EST

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To: dougSF30 who wrote (3324)8/2/2000 3:35:37 PM
From: kash johalRead Replies (5) of 275872
 
Doug,

re: AMD price action.

AMD has a history of misleading investors -- just see last year.

However institutions sold off early and regular folks got left holding the bag as it dumped from $35 to $15 or so. (including me).

I think something stinks at 1 amd place.

And institutions have been dumping -- just look at 7M plus shares today.

I reccomend anybody that has a large AMD position (relative to their net worth) to hedge their position somehow.

I can see a $50 price on bad news and some folks on margin etc could lose their shirts.

This may not be a popular thought on this thwead but don't fall in love with this story and lose everything.

Regards,

Kash
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