Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 253.73

+1.6%

Jan 22 3:59 PM EST

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To: AK2004 who wrote (16299)	10/28/2000 12:11:37 AM
From: Goutam	Read Replies (3) of 275872

Albert, re: < that is not good - as of 6/00 Fidelity had 11.64% stake in amd. if true then fidelity dumped ~5% of amd over the last few months. They dumped half of their stake in the third quarter. Last time, I saw (about two weeks ago) they had about 26K shares left (post split). So they dumped about 11K shares. I think it'd be good for AMD if these guys get out of AMD. I believe these are the guys that loaded up the ask side whenever there were big buy orders, or a big block at ask was taken out. The way these guys dumped the stock (not selling at the market, but loading up ASK at 1/16 or 1/8 higher than the bid) was almost like controlling the stock price from moving up. goutama

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