Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: 5dave22 who wrote (139035)	9/5/2001 11:44:43 AM
From: tejek	Read Replies (3) of 1578452

, obviously they make a product which can't be done without. But given their revenue and profit, it's a pretty rich market cap. I'm just wondering if the days of over inflated caps due to "potential" and even "likely" growth are over. Dave, well, just posted to you that my BRCD is gone. To answer your question, it would appear so.....at least right now. BRCD held above $24 for 6 mos. but that's over. I think the Naz goes back down to 1680 for a retest of the April low, and there are some who believe that won't hold. Not good news......almost all my tech is gone and some of my biotech [KOSP] and retail have triggered their stop losses. If the market doesn't pick up later today, I will sell almost everything except IMNX, and sit in cash. If you are in cash, I would stay there right now. Keep in mind if we go lower in the retest of the April 4 low, then we will go down again later on to retest the new low. Its sucks but apparently that's how the market works. ted

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