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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 221.02+6.4%3:59 PM EST

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To: stribe30 who wrote (4340)8/10/2000 5:56:20 PM
From: andreas_wonisch of 275872
 
Stribes, Re: irrational AMD investors versus good fundamentals

It's all about AMD's history... With the recent stock slip (almost 40% in only three weeks) it's very natural to be cautious. I don't think that there are any looming dangers that will destroy everything that AMD has accomplished in the last several months, however there are some things that could continue to depress the stock price even if AMD continues to be successfull.

Most of us here could have made much (more) money if we sold AMD earlier and bought back now or some time later... I do think that AMD has a great future and will easily top estimates for the next two quarters but that doesn't matter if the street doesn't believe the story. In the short-term AMDs stock price is IMO currently under severely pressure and could go down to support around $42. In the long term it's IMO still one of the best investments currently out there and we shouldn't lose faith in its ability to execute well.

Just my two cents.

Andreas
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