Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 211.69

+5.3%

11:28 AM EST

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To: Monty Lenard who wrote (10328)	9/26/2000 5:19:51 PM
From: niceguy767	Read Replies (3) of 275872

Monty: I'm still liking those boundaries of $24.25 and $48.50 for AMD...Support at $24.50 (i.e. prior to Y2000, the 5 year high) seems to be holding up during this seemingly relentless downdraught the techs, en masse, currently find themselves in...The "old guard" biggie companies are getting dinged big time...Just can't shift resources fast enough to compete with some of the mid caps who continue to "eat their lunches" on a product, execution and eps basis... See volumes for INTC and AMD have backed off today, so my guess is that the worst is over, and a new positive beginning for techs is readying to unfold...I'll take that 10% you mentioned tomorrow!!!

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