Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 251.32

-3.2%

Jan 26 3:59 PM EST

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To: Mark A. Forte who wrote (38865)	5/10/2001 12:23:54 PM
From: niceguy767	Read Replies (1) of 275872

Mark: "I just picked up another 500 @ 29.11. Of course it dropped to 29.00 immediately after the trade." It's fundamental investing that anytime one makes a purchase the price drops...Not too worry...$29.11 will look real good in a very short while!!! For the time being, AMD may have to deal with not the debenture conversion pressure, not the CSCO spillover effect, but with the INTC spillover effect as INTC seems unable to maintain its rather lofty price level of $30.00 today... Looks like price AMD/INTC parity is a distinct possibility today, which will set the stage for AMD's revaluation, probably next week, vis a vis INTC... Don't get me wrong, I'd love to see INTC get back to $32, because that would imply, based upon any current financial benchmarks, a conservative price of $60 plus for AMD!!!

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