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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Wang who wrote (87964)	9/8/1999 11:36:00 AM
From: Tony Viola	Respond to of 186894

Richard, Re: Does anyone know why AMD is up 12% today? It's all in the charts. Are you saying it's all technical with AMD going up, vs. anything fundamental? That would give me an empty feeling, always rather go up on fundamentals. The Bell Micro signing was mentioned on NBR as a reason. Maybe hang your hat on that? I thought of another reason for AMD going up...bottom fishing. Every other day or so, someone comes out pounding the table on semiconductor stocks. Since so many have already gone up a lot, some investors must look for low priced ones. This happened with NSM, although I know a lot of their rise was due to getting away from competing with Intel. AMD was a low priced stock a couple weeks ago, Does it get as high as NSM? Speaking of NSM, what should happen to that stock if they come out with earnings near the consensus loss of 14 cents. This market might be going nuts, with companies 35 years old losing money quarter after quarter, and their stocks still going up. I'll stick with Intel (but you knew that). Tony