Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 253.71

+1.6%

1:41 PM EST

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To: boris_a who wrote (8389)	9/13/2000 10:17:21 AM
From: Jim McMannis	Read Replies (1) of 275872

Boris, RE:"BofA downgrades INTC, AMD --9:54 am - By Tomi Kilgore Shares of Intel (INTC: news, msgs) are sliding $2.19 to $62.75 and Advanced Micro Devices (AMD: news, msgs) is giving up $1.13 to $29.38. Banc of America analyst Rick Whittington downgraded both chip makers to "market perform" ratings from "strong buys," citing supply issues." --- It appears that while the thread is preoccupied with the technology of it all... Wall Street continues to be concerned with things like, oversupply, shrinking margins, taxes, interest rates etc... About as tech is they can get is Mhz... I won't even mention downgrades to "get their entry point"... This seems to explain why most here are dumbfounded by AMDs stock weakness while Wall Street, with most of the money, continues to sell off the stock... Jim

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