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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: James Yu who wrote (71683)9/11/1999 1:26:00 PM
From: exhon2004  Read Replies (1) | Respond to of 1574020
 
James:

re >>His fund often buys and sells securities that are the subject of his columns.<<

The SEC should require any analyst or writer who has a mass market to publish their prior performance when commenting on a stock. In most cases, Their ability to move markets would diminish rather quickly if this were the case.

Regards,

Greg



To: James Yu who wrote (71683)9/11/1999 7:39:00 PM
From: Ling Chen  Respond to of 1574020
 
Don't worry, I wish more people short this stock. I can
buy more at cheaper price. Those shorts will be squezeed
and keep AMD stock running up.

Best Buy and Circuit City all advertising Athlon machine,
Motherboard is coming to market. I definitely think this
stock will be over $30 before Year2000. I expect Q4 would
be a profitable quarter for AMD, its stock will go up and
shorter will cover their ass.

Cramer is an absolute anti-AMD guy. From the record of his columns, when AMD stock went up he made a lot of gossip
to AMD. For example, when AMD stock surged on August 6 and 9, he alleged that he was shorting AMD stock on August
10th (if he did, like he said, the AMD stock price was about $18.00. I suppose his shorting is about $18.00). Then AMD
surged on September 6 and 7 again, he made another negative comment on September 8. What a coincident!
Keep in mind - he is the hedge fund manager. His fund often buys and sells securities that are the subject of his columns.
He also has a lot of subscribers of TheStreet.com and I still believe his comment has undue influence upon AMD stock.

Best wishes

James