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Politics : Formerly About Advanced Micro Devices

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To: milo_morai who wrote (133795)3/1/2001 12:50:44 AM
From: tejek  Read Replies (1) of 1570910
 
here's INTC's graph for comparision hard to read IMO.

Milo, not at all. Intel's stock is still in a definite downtrend, much worse than AMD's. So far AMD has bottomed but Intel is still looking. I had thought Intel had bottomed in the low 30's, only to see it head down further in the last couple of weeks.

And that is the problem with tech and all this analysis. In general, tech is very shaky and very, very unpredictable right now. With bad news, AMD could resume its downtrend. That's why I have refrained from buying. Even without bad news, AMD could be in the low 20's for the next 6 mos. minimum.

ted
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