Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 248.53

-1.7%

2:24 PM EST

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To: Road Walker who wrote (51248)	8/15/2001 3:24:47 PM
From: niceguy767	Read Replies (1) of 275872

John: "It was obviously bearish when AMD closed below $30, now that it looks like it will close below $15." Both AMD and INTC were at $30 not very long ago...I just don't believe that INTC's relative position has improved to the degree that the $15 differential implies...In fact, both are reeling from a financial perspective at the moment and INTC's pain may even be greater than AMD's yet INTC remains pegged to $30 while AMD has slid to $15...I just don't think thier respective prices are stable at a $15 differential and given the overall negative environment, it would seem an INTC price correction may be imminent as well...

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