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Politics : Formerly About Advanced Micro Devices
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To: Jack L. Dlugach who wrote (750)7/14/1996 12:46:00 AM
From: charles moore   of 1585143
 
Jack:
I finally got a download on the charts. AMD is still in a
downtrend or selling distribution on all three indicators.I am
monitoring 18 stocks at the present.Some I own and some I dont but
might if conditions change. I own Pepsi which has been in a very
narrow range since the 2 for 1 split last month and still shows a
positive uptrend. I own NAE which has all three indicators in an
uptrend as I mentioned a few weeks ago. Friday NAE closed at 11 3/8
which is a 52 week high.IDTC has all three positive and I made a
mistake here. It was featured in the August Issue of "Individual
Investor".I had said the July issue of Institutional Investor.

The 15 others including AMD show a selling distribution or
all three indicators dont confirm each other.I read a few articles
over the weekend.I didnt know that you have special "clean" rooms
for fabricating these semiconductors? Also S3 (SIII) is supposed to
be building a video card using the MMX technology and there is some
outfit making videos for Intel using the MMX technology.Both articles
seem to suggest that consumers are postponong buying until this MMX
technology comes out.

As for the TC. Im hoping it makes a difference. So far so good.Only
time will tell.

Charles
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