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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 259.65+2.3%Jan 23 9:30 AM EST

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To: Mark A. Forte who wrote (38849)5/10/2001 10:40:54 AM
From: niceguy767Read Replies (1) of 275872
 
Mark:

"I've been watching Rt quotes
More blocks of 5k on up are still going by on upticks. There is some big time buying going on here."

Yeah...Volume looks decent...Decent being anytime AMD trades 5 million by noon which it will today at current pace...AMD strength today (compared with weakness since the debenture call announced last friday) indicates that most of the convertible related selling is finished and that a renewed challenge of the short term high of $33.15 has begun...Once again today, any reasonable volume traded above this AM's open of $30 has to be viewed very positively going forward...Perhaps Mr. Sanders will drop a few pony tidbits at SSB today that will propel AMD thru $30, if unsuccessful in its attempt in the interim!!!
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