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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 259.66+1.4%Nov 3 3:59 PM EST

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To: Andrew Shih who wrote (21741)12/6/2000 6:12:52 PM
From: niceguy767Read Replies (1) of 275872
 
Andrew:

"Ouch."

Double ouch...When these tech stocks commit themselves to a direction, they do have a history of overshooting...Sure am looking forward to the next commitment to a positive direction...It can't come too soon...Problem for AMD is that their success makes it more difficult for INTC's success and if INTC doesn't succeed, it's tough for the general market to get up a head of steam in the positive direction...I suspect that we are experiencing a classic case of this conundrum at the moment...Hopefully AMD's Q4 numbers will be strong enough to disengage its price action from INTC's and the general tech indices...
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