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Politics : Formerly About Advanced Micro Devices

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To: Len Roselli who wrote (3719)12/9/1996 4:36:00 PM
From: Smart Investor   of 1579680
 
The reason behind my statement is that the rally last Friday and today will not last long. As I said before, you do not want to fight the Fed. Greenspan may do something for real. He is serious about not to creat a bubble like Japan did in the 90's. Therefore, I think the market will go down when it realizes this. Regarding AMD, I feel good about taking profit now. If the K7 proves to be a good product next year, then I will re-think about AMD. AT this point, it is still just talk. Regarding upgrade from Cowen, I am not very confident about them. They upgraded SYBS earlier this year, look at what happened since. To tell you the truth, I was burned by following its upgrade. Now I am trying to use it as a sell signal.
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