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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 210.76-4.8%11:04 AM EST
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To: Pravin Kamdar who wrote (157083)4/20/2005 3:17:18 PM
From: I_Banker of 275872
 
Pravin, I think I would wait -- given the stock action I think there is more downside to come. The market as a whole continues to look weak, especially after today's CPI numbers. I have been reducing positions across the board.

Can't call the bottom, but the near term action is not promising, despite the good earnings news from YHOO, etc.

Edit: Looks like the sell off is accelerating in the final hour.

Good Luck.
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