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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (40529)11/1/1998 9:14:00 AM
From: JF2155  Read Replies (2) of 1573727
 
Jim I'm curious on AMD rally these last 3 trading days . I believe most of the news out was already written in its last earnings . Large funds dumped AMD then because of high cost R& D and manufacturing.
Spending 100+mil in cash (loans) to get 1 mil in profits ?
I know there is a huge market for its processors ( other chips they make are in trouble ) but were is the money.
No guess I shorted AMD at Fridays close. I'm guessing this is none other than a short squeeze rally only to be shorted at its peak.

JIM
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