AMD:News, Press Releases and Information Only! Message Board

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Technology Stocks : AMD:News, Press Releases and Information Only!

AMD 214.11

+3.9%

Nov 26 3:59 PM EST

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To: DRBES who wrote (2272)	11/17/1997 8:23:00 PM
From: Brian Hutcheson	Read Replies (1) of 6843

DRBES , re. sale of shares According to street wisdom (from the Yale Hirsch traders almanac) insider sales generally do not give a reliable indication of future stock movement . Purchases on the other hand are a good indicator, since they give indications of changes in company prospects . I guess the reason for that is insiders are not good market timers , they are after all businessmen and not market specialists. Unless AMD is just incapable of improving their wafer processing , which I doubt with all their experience , then the stock chart history tells all . I am sure that you have a long term chart of AMD , so by what you see on that chart do you think that this is a good time or bad to go long on AMD ? regards , Brian

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