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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.43+6.2%Dec 19 9:30 AM EST
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To: Pravin Kamdar who wrote (47207)7/12/2001 12:24:20 PM
From: chuckles58Read Replies (2) of 275872
 
I feel with the "good" news yesterday from YHOO!/MSFT?/MOT?, and with AMD's CC this afternoon, AMD should have additional upward movement with any positive spin on Q3 and Q4 guidance. I'll look at moving some $$ out after the price firms a little more. Last Thursday/Friday's savage drop in price had to have built in pessimistic outlook for the rest of the year. I've had some little diversifying trades out at $29 - $30 over the last couple weeks, unfortunately I didn't sell more before the warning coming last week. I guess that's the nature of the game though with the lost opportunities. Also, who knows the effect on the market after spin-master INTC's CC next Tuesday? I'm betting they will satisfy the analysts.

Also, if TBird/Palomino binning is moving well enough that Austin Durons will take the place of sub 1Ghz Athlons, I think future is bright, except for low ASP's.

OT - "The Pool Jerry Built" - the excavators finished digging our new pool this morning. Should be swimming in less than four weeks!!! Still holding the most of the stock to pay for it, but I've got short-term financing to cover it. My little TDFX/NVDA venture should do the rest.

Oh well, good luck all.
CB
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