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Politics : Formerly About Advanced Micro Devices

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To: Rob S. who wrote (124362)9/21/2000 5:54:05 PM
From: sylvester80  Read Replies (2) of 1572298
 
Rob,
I agree with you on the valuations. Then can someone please explain to me why AMD is trading down 22% at $23 a share? AMD's PE has got to be single digits by now. Is there a bottom on this stock? And yes, I did buy some today at 27+ looking for a technical rebound but never expected that AMD will see 23. Shows that you can never time an entry and an exit on a stock. Anyone with some DD or TA on AMD? Is there a bottom or a range or should I just cut my losses and get out? Thanks.
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