SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 221.85+6.8%2:33 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: milo_morai who wrote (34687)4/3/2001 12:38:27 PM
From: niceguy767Read Replies (1) of 275872
 
milo:

"Is this downward pressure so the funds can load up again after dumping AMD to show good 1Q gains?"

Naw...Just a knee jerk response to the general market weakness combined with the "sky is falling" interpretation of INTC's PR copy threatening competitiveness in Y2001...AMD shareholders are not all aware that AMD's Q1 financials will look after themselves and, in fact, look outstanding compared to INTC's...much as was the case in Y2000...Just some of those "weak-handed" shares getting dumped in the false belief that when INTC sneezes, AMD gets a cold...Just isn't that way any longer...In fact, quite the contrary....AMD's ongoing success seems to have resulted in an INTC migraine and the debilittation that often accompanies same...Q1 results will demonstrate graphically just how undervalued AMD's shares are at $24.00 vis a vis INTC's at $25.80!!!

By the way, about time for AMD to lead another crossover charge, isn't it???
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext