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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 249.66+7.6%3:59 PM EST
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To: chic_hearne who wrote (12420)10/9/2000 9:52:12 PM
From: RDMRead Replies (1) of 275872
 
<they'll have us below $10 by Friday.>

While the above may be an overstatement, I believe the most of the earnings announcements of late in which AMD has announced good or improved results has been followed by a stock price decline on the following day. Nearly all of these earning's announcements were preceded by a stock price run up in the two weeks prior.

Now this quarter we have a major stock price decline prior to what is likely a positive results announcement. It is anybody's guess whether the good news will be followed by a next-day price decline or not.

The stock price run-ups have come many weeks after the earnings announcements. I hope this is week is an exception.
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