Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: charles moore who wrote (492)	6/28/1996 11:22:00 PM
From: Jack L. Dlugach	of 1587072

Charles, if you have today's (6/28) WSJ, check out the analysts' article about the funds buying back the semiconductor stocks. They don't mention any one company in particular but they say the coming explosion in PCS and Cellular that is going to require tons of chips is making these stocks look extremely cheap. Some of the fund managers think it might be a little too soon to buy, but they all seem pretty sure that a long term bonanza is in the offing. AMD hit a new low yesterday so, although I didn't really want to buy any more stocks right now, I still added some. I still think this stock is very undervalued as a long-term holding and, if you can afford to wait, and maybe wait a long time, it will pay off. Just my humble opinion, but it looks like I have a lot of company in that thinking.

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