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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.94-0.4%10:38 AM EST

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To: kash johal who wrote (46352)7/6/2001 4:05:11 PM
From: tejekRead Replies (2) of 275872
 
Overall not time to buying AMD right now.


Kash, AMD has considerable support around $20 1/2. If that holds over the next few days, then I think it is a long term buy. However, if it drops below $20, from a TA perspective, it looks like its going to $14-15.

As you said a few months back, things are bad. Everything depends on back to school and Xmas sales. So far, there have been very few orders for chips. Not a good sign.

ted
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