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


To: L. Adam Latham who wrote (72759)9/22/1999 10:56:00 PM
From: tejek  Read Replies (2) | Respond to of 1574981
 
RE <<I could ask the same of AMD - it's down almost 19% in two weeks. Almost into correction territory.>>

Almost...had it gone below 18 - 18 1/4, I would figure there is a problem. For weeks now it has been in a trading range between 18-20 except for the pop up to 21 about a week ago due to Athlon news.

I only mention the state of the intc stock because engel has been boasting about its rise for weeks now. However I do sense something is wrong. I never understood the 60% rise from June highs. It did not seem justified given that intc did not make their last quarter and given all the competition developing between AMD and intc. In fact I believe the rise was put together by the analysts and the market makers.

For all the sniping on this thread, I could care if you make a ton of $ off of intc; in fact, I hope we all make money one way or the other! Personally I think we deserve it more than the Jerry Sanders and Andy Groves. They have enough money.

ted