Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 217.59

+1.1%

Dec 3 3:59 PM EST

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To: 5dave22 who wrote (20033)	11/21/2000 1:39:26 PM
From: niceguy767	Read Replies (3) of 275872

5dave22: "No one is in a rush to buy the stock. I would be very surprised if AMD finished the year above $26-$27." Dave, as you know, I can't rationalize, in my worst case scenario, AMD trading below $40...That it today trades at $20 is, imho, one of the largest anomalies I've ever seen in the marketplace...The moment market sentiment turns, I would expect AMD to be a primary beneficiary in terms of price appreciation...I'm thinking sentiment could easily turn before year end, in which case, who knows how high, maybe as soon as the election uncertainty is cleared...Just one step at a time though...Need to break out (on the upside) of the current trading range between $19-1/2 and $22-3/4...Need some volume to do so...Looks like everyone has taken off for Thanksgiving early based upon today's volume!!!

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