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Technology Stocks : AMD:News, Press Releases and Information Only!
AMD 203.14-0.8%Jan 9 9:30 AM EST

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To: Patient Engineer who wrote (713)9/24/1997 8:45:00 PM
From: Brian Hutcheson   of 6843
 
PE , I think this decline is more a technical one . I expected the stock to drift lower until the end of the month , although not this far with 4 more trading days to go . I believe that Weinstein and his followers are shorting the stock as he indicated a month or so back . If this is the case then since the stock has all but reached the 50% fibbonacci line , it should be close to the bottom .
From the fundamental point of view , in your opinion should the stock be selling much lower because of a slow ramp ?
Don't forget that they are starting to produce the .25 micron K6 and when it appears for notebooks it should be a very high margin product .
Brian
PS re. stockman , maybe you think they are even handed but I think his posts contain too many childish remarks to have respect for them .
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