Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 231.80

+1.7%

Jan 16 3:59 PM EST

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To: Tony Viola who wrote (16213)	10/27/2000 11:37:52 AM
From: aburner	Read Replies (1) of 275872

Tony, I'm trying to get the bigger picture behind AMD's downturn in stock price over the last few months and what lies in front of us. I think that if Fleckenstein's (who IMHO has good insight into markets) article is a typical representation of what analysts and the average Joe Investor think about the (near) future of the PC market we're headed for more dark days. If I remember correctly Gateway's numbers showed that most of their growth last quarter came from non PC stuff, combine that with the warnings from Dell, Apple, Intel, NSM, etc. and you'll see why Fleckenstein raises his concerns. Even if he and all the other analysts are proven wrong, the general sentiment that both the PC and the handheld sectors might be in a downturn will drive stock prices and indices in general down, which in turn will have an impact on AMD. And if you look back at what the recent INTC downgrades and warning did to the AMD stock price I wonder why you question me for citing the article. After all, while there's a good deal of technical discussion (I enjoy every bit of it) here, this is still an investor message board. Kind regards, ABurner

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