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Strategies & Market Trends : Shorts waiting to happen

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To: Terry Blount who wrote (767)	7/1/1997 6:29:00 AM
From: PMG	of 852

All: Do you think AMD is a shorting target? Stock declines steadily and market seems to believe that the -officially announced- Intel earning declines will hit the others even more... AMD came from 12, went up to 45 in peak, then declined relatively fast to the 35 level where it broke its support line shortly and touched 34 yesterday. What do you think? (I'd say no from the fundamental side). Regards, PMG

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