Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (30587)	3/31/1998 11:49:00 AM
From: Brian Hutcheson	Read Replies (1) of 1570842

Jim , re. charts Even court jester knows that there is resistance at $28-$30 . However the daily volume on the way up last time was only 2.8M shares when it hit $28 and backed off. On the way down the stock fell from $32 to $26 area on 12.7M shares . Since we are seeing very heavy volume of 5M shares almost in the first 2 hours and there were 14.7M shares short (courtesy of Arbitration re. Greg ) plus there is talk of a major company buying 25% stake , then quite possibly the stock will blow through to $32 or so , Brian PS that is NOT a prediction , but a thought

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