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Politics : Formerly About Advanced Micro Devices

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To: Kevin K. Spurway who wrote (58604)5/18/1999 10:39:00 AM
From: DRBES  Read Replies (3) of 1582622
 
MORE POTENTIALLY REALLY BAD NEWS ON THE AMD STOCK PRICE !!!

THE STOCK SEEMS TO BE GROPING FOR SUPPORT, WITH SOME SUCCESS, AT THE 19 LEVEL.

If it is successful, the days of obtaining it a really bargain prices may be behind us. The stock is trading on really light volume. When it has pulled back, no real selling seems to materialize. Given the past patterns of trading when it declined from the twenties it (the common) should be starting to come out of the woodwork here. We shall see probably in the next few days whether my pessimism is justified. I had hope to buy some more on a pull back when I come into some additional funds during the next week or two.

Remember it is "BUY LOW and SELL HIGH!". Sometime we forget that in order to buy low, the stock price has to get low. The days when AMD shares are to be really low may be drawing to a close. I really hate to chase a stock.

GOOD LUCK TO ALL,

DARBES
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