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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (35353)8/1/1998 12:06:00 AM
From: Sai P. yandamuri  Read Replies (1) of 1574489
 
Jim or Anyone else, Can U Pl. give me few good reasons why I should cover my AMD SHORT position at these prices ?
I shorted AMD when it was at $26 and have not covered yet. Although the stock has been showing some strength since AMD's disastrous recent quarter results, I firmly beleive we will be seeing new LOWs on this & several other Chip stocks(except the likes of INTEL) in the next 3 months. I think Wall street has a SHOW ME THE RESULTS attitude towards AMD and I don't think Investment community will be FOOLED once again by AMD's recent FALSE PROFIT Projections.
I will appreciate your comments.
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