Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 214.99

0.0%

Dec 26 9:30 AM EST

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To: kash johal who wrote (22991)	12/19/2000 6:58:00 PM
From: Cory Gault	Read Replies (1) of 275872

"re; ASP decline This ASP decline is for real and very worrying. AMD may have asp sub $80 in Q4. Looks like profits will be slashed. Couple that with taxes due next year and you have alousy environment for AMD stock. Things to get MUCH more ugly before they get better." Kash: Agree wholeheartedly.....AMD will have a very poor 4th quarter and it won't get any better for sometime. Obviously this is not AMD specific but industry specific. The reverse wealth effect is very real here. Tomorrow is going to be very ugly....but of course you should expect to hear the rants of the cheerleaders here in regards to your post. I agree with your earlier NAZ 1500-2000 prediction...maybe short QQQ?

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