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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 207.58-1.5%Dec 15 3:59 PM EST

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To: wanna_bmw who wrote (80391)5/22/2002 1:16:40 AM
From: Mani1Read Replies (3) of 275872
 
Re <<That's why I have reinvested myself in AMD stock>>

Hammer or not, flash recovery or not, AMD is about 2 weeks away from an earnings warning. Add to that all the warning period over the next month and you might be able to get AMD at +20% discount to the current price.

The recent rally into Friday's option expiry was like clock work. I expect a decline into 1400 area for the NASDAQ over the next few weeks.

Once the summer is over, and market has realized that there is no end of the year recovery in the techs, then it is time to load up.

Mani
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