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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 203.14-0.8%Jan 9 3:59 PM EST

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To: heatsinker2 who wrote (49060)7/26/2001 12:15:33 PM
From: niceguy767Read Replies (3) of 275872
 
heatsinker2:

We're hangin' in, thanks.

Looks like AMD and INTC are in for tough sledding for a while yet. For the life of me I don't know what's propping INTC up above $28.00 unless it's somehow related to that ever increasing "goodwill" item on the balance sheet. Seems to me with $0.03 in earnings, INTC should be trading a whole lot closer to AMD's $16.40! The only thing keeping Nas and SOXX above their near term lows at the moment is INTC's support in the current $28 to $30.50 zone. I guess investers in general should be pleased that INTC continues to defy the law of gravity!
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