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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.03-0.4%12:36 PM EST

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To: milo_morai who wrote (50037)8/6/2001 10:19:27 PM
From: Mani1Read Replies (1) of 275872
 
Milo re <<Dan Niles said INTC slashing prices by 50% on the high end Aug 26th.. P4 isn't selling.>>

Not good for anyone long AMD or INTC.

Pricewars is getting more intense. AMD could be very red this quarter. Intel is barely in green and priced very high by the market. I continue to say that there is money to be made on the short side of INTC.

The only question is if Intel is going to tell the story little by little, or drop the bomb in about 4 weeks time. We'll see.

Mani
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