Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 257.74

+1.6%

12:43 PM EST

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To: kash johal who wrote (21226)	11/30/2000 11:43:54 PM
From: Jim McMannis	Read Replies (1) of 275872

RE:"First except for last couple of days the DOW was doing MUCH better than NAZ. This points to your thesis that the tech wreck is due to political uncertainty as BALONEY." Kash, The DOW has been in a correction for 18 months. The NAZ and tech were much more vulnerable. On top of that just a few DOW stocks are holding up that average. I can understand Gore man like yourself discounting the election effect on the market but rarely is it just one thing that drags down the market. OTOH, single events can result in triggers...and start a chain reaction...often dragging down a market much further than it normally would go. One requisite of these events is the surprise factor... The result of this election had that... Let's see what happens when the election is resolved. I think when the markets sniff a resolution they rally big time. Then we will see... Jim

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