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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (123961)9/15/2000 11:44:49 AM
From: Rob S.  Read Replies (2) of 1580179
 
I think it is time to buy AMD. I bought at 27 1/4. If I am right, this is the low for the period. A retest of 27 1/8 is possible. Reasons for thinking it has turned: The stock has hit a major trading support level. The aggressive dumping has abated - the trading action just looks right to me for a reversal. I don't expect this to become a darling momentum play but should see a modest relief rally for the next few days. Reports of AMD's death have been greatly exaggerated.
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