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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.990.0%Dec 26 9:30 AM EST

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To: bacchus_ii who wrote (46275)7/6/2001 12:46:50 AM
From: kash johalRead Replies (1) of 275872
 
Bacchus,

I haven't been following the thread closely lately.

Been kind of busy.

I think if AMD drops to id teens it may be a good buy again.

But it will take a while to get there.

I doubt if Intel will make its numbers either.

If they miss .11 by more than a few pennies and give lousy Q3 guidance this could tank market even more.

Intel may be a good short tomorrow if it only drops a buck or two on the AMD news.

Although seeing as EMC had a horrible warning too - we could get real bloody - but that may wait till early next week as many traders are still on vacation.

In addition AMD has a huge institutional ownership - around 80% IIRC.

If they remotely sense trouble vs Intel - they will trash the stock big time as they rush for the exits.

Not a good time to be a long i'm afraid and i am glad i am out.

regards,

Kash
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