Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (129315)	12/7/2000 12:49:33 PM
From: Rob S.	Read Replies (2) of 1570889

As we enter into the earnings warning period, I'd like to see a blow off to the downside in the semi sector. ANALysts will continue to downgrade sales and earnings expectations because there is continued burn-off in inventory and slowness in some commodity product sectors, such as consumer PC sales. This can be expected to continue for a while but we might get a nice move up by DEC 12, the deadline for chosing the Electoral kindergarten. AMD continues to show weakness along with the sector. AMD is now at the level it traded at a year ago. Perhaps this support level will hold. I'd like to see AMD reach 13 or so which could mark the final bottom. If that support level doesn't hold, then 9-10 is the next rung on the ladder.

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