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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (129182)11/29/2000 2:22:50 PM
From: tejek  Read Replies (1) of 1570157
 
Ted, I see that "de Nile" is not just a river in Egypt.
The NASDAQ is down over 700 points since election day...and during a seasonaly good period...


Jim,

Denial.....I was trying to be nice. Every other company is lowering earnings estimates for next quarter and for next year, and you still want to blame this mess on the presdential election.

Get a clue. This non stop selling is due to the funds unloading stock to pay off redemptions. Analyst after analyst, FINALLY, is announcing that they are "guarded" for next year. Everyone was hoping that AMD's earnings estimates for next year would be raised after their analysts conference. Hasn't happened yet. And you know what...it ain't going to happen.

But go ahead......blame it on the Democrats if it makes you feel better.

Tech is dead....at least for now.
ted
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