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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 203.88+2.9%10:11 AM EST

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To: niceguy767 who wrote (25007)1/16/2001 5:37:52 PM
From: Cory GaultRead Replies (2) of 275872
 
"and that he expects the stock to go down to $26."

That sounds about right for the crossing point between AMD and INTC...Wish it were $46, but only AMD is likely to get there in the reasonably near term...reality bites!!!

LOL.....I thought you guys thought Kumar had no idea what he was talking about....now he's your messiah....LOL

How are those January options looking? Reality bites!!! AMD will have pitiful earnings....already priced into the stock though...won't see much of a hit..similar to INTC. Although as Pravin says the smart money will sell AMD down to about 12 and should see a round of analyst downgrades..at least the ones with any self respect.
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