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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 200.98+1.4%3:59 PM EST

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To: niceguy767 who wrote (10336)9/26/2000 6:01:48 PM
From: fp_scientistRead Replies (1) of 275872
 
Niceguy,

Re: I'm still liking those boundaries of $24.25 and $48.50 for AMD.

I admire your optimism.

The NAZ broke some important support today and I think we are headed for 3500. Did you see what they made to Kodak today? EK trailing PE is like 4 now ... I just hope AMD does not preannounce bad news and we meet earnings estimates on Oct 11. No margin for error. If AMD disappoints ... we are headed to the teens ...

Now the good news. When I get this bearish, it is usually a sign of a bottom. Now, if you would tame your rosy comments a bit ... perhaps we might go up a few points ;-)

fp
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