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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 215.65+0.3%3:59 PM EST

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To: Robert Douglas who wrote (85673)7/24/2002 10:58:26 AM
From: Neil BoothRead Replies (3) of 275872
 
The question I have is are you buying now?

No, though some like AMD look tempting. I think there's still a lot of "skeletons" to come out of the closets, particularly in the US, and if options start being expensed then what was a 20 PE becomes 30 (to most onlookers, of course the true PE never really changed).

I think (and hope!) the Naz will touch 1000. I'd look at picking up quite a lot of morsels then. The Naz has already dropped 200 in 5 days.

Neil.
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