Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: sylvester80 who wrote (124370)	9/21/2000 5:58:16 PM
From: tejek	Read Replies (1) of 1572211

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. This is a crap shoot. There is no question that the Naz as well as AMD and mostlikely the Dow are going down tomorrow. Probably next week there will some rebound and AMD should do better than Intel. However, the million dollar question is....how well is AMD doing? Last week Intel told the press everything was fine. ted

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