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Politics : Formerly About Advanced Micro Devices

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To: Jack L. Dlugach who wrote (990)7/26/1996 10:48:00 PM
From: charles moore   of 1582903
 
Jack:
I saw the thing about Prudential. Thet really only
recommended 6 semi-conductor stocks. I believe two were Altera and
Xlinx.I see AMD closed over 12 today.My chart still hasnt turned
positive for AMD so maybe its not accurate in this case or traders
havent taken the Prudential thing into account yet.I am sure there
was some short covering.I would think Monday will tell for sure at
least as far as AMD is concerned.I mentioned USS earlier because
the guy on the opening show on CNBC was talking about it.He claimed
that J&J had undercut them even going so far as to take a loss and
now J&J had stopped that tactic giving USS some breathing room.

Charles
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