Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 220.61

+6.2%

1:54 PM EST

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To: rupert2 who wrote (133235)	9/21/2004 8:23:25 AM
From: niceguy767	of 275872

AMD ready to test $13.50? Looks like this week, perhaps even today given the likelihood of "hugely surprising SUN and Horus revelations" today and tomorrow! And if there is any substance to BUGGI's Lenovo news, there is just no way AMD stays below $13.50 much longer. Everything, but everything, particularly the recent volume pickup, suggest to me that AMD is getting ready to run to the $15 to $16.50 range in the very near term! Again, recent volume suggests to me that Wall St. is just now beginning to understand the "paradigm shift" that has taken place this past year in the server, cpu and high density flash spaces! When Wall St. jumps on AMD, which could happen anytime now given the obvious positive AMD trends most recently accented by 90nm product delivery, (but might require q3 "hard" evidence that AMD has indeed entered its earnings growth phase), there is just no telling how far AMD'll run! Think about it! Ten months ago AMD traded at $18.50 and had not posted positive earnings in eons. Currently AMD is trading at $12.80 after 3 successive profitable quarters and strong evidence that product domination is to continue for the foreseeable future and strong evidence that AMD is about to enter upon steeply upward sloping earnings growth curve! Key today is that $13.16 recent high, and if successful, then $13.50!

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