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Politics : Formerly About Advanced Micro Devices

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To: Rob S. who wrote (129320)12/8/2000 2:41:10 PM
From: tejek  Read Replies (1) of 1570906
 
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.

I think that Intel's preannouncement yesterday marked the low for both Intc and AMD. I think AMD will be locked in a trading range between $14 and $18 for the next few months.
I am beginning to believe that the worst is over for the techies, not that its up from here.

ted
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