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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 216.95+0.8%10:17 AM EST

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To: Road Walker who wrote (77645)4/18/2002 1:16:05 PM
From: tejekRead Replies (1) of 275872
 
As far as Intel, I think it will perform with the $SOX. If you look at the $SOX, it's been essentially flat since December 2000 (with the 9/11 interruption). - stockcharts.com[w,a]waol... - I expect a cyclical recovery pretty soon, when I don't know. I thought it would have started by now, so my opinion is probably worth what you just paid for it.

John, end user demand, specifically IT spending has not picked up in spite of all the hype re the economic recovery. Until that demand is evident, I think tech will remain flat.

In fact, I wasn't surprised the DOW was down 160 earlier today......at the time, I didn't know that a plane had crashed into a blding in Milan; I thought the markets were crashing of their own accord.

ted
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