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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 217.91+0.9%Dec 5 9:30 AM EST

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To: niceguy767 who wrote (20737)11/27/2000 10:58:16 PM
From: Rob S.Read Replies (1) of 275872
 
The main thing recently influencing AMD's stock price is the movement of investors into or out of the semi sector. The trend has been a rotating sector devaluation following over extended prices that occured early this year. Each pig-fest sector after the other has had it's value adjusted to more reasonable levels: super dung-brain business plan dot coms, way out ahead of themselves semi stocks, bio jelly-belly techs, and now the star war valuation fiber-telecoms and component stocks. Meanwhile, the reacord busting divergence between the NASDAQ and everything not (7 standard deviations) tech has closed and is now headed toward the other side of the pendulum swing.

When the last of the crazy valuations has been stomped into submission, the now well based semi stocks will move up nicely.
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