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

To: Mani1 who wrote (80850)	11/23/1999 7:36:00 PM
From: kash johal	Respond to of 1573430

Mani, This truly shows the power of the internet. There are folks getting internal Gateway e-mails. Doing DD by poking around stores. The pop may not happen tomorrow, but next week should be looking good. I may "double up" on further weakness if market decides to take a dump tomorrow. But the cat may be out of the bag of course. Good luck longs, regards, Kash

To: Mani1 who wrote (80850)	11/23/1999 7:37:00 PM
From: ajbrenner	Respond to of 1573430

Re: I was wondering why there was so much interest in AMD late in the day! Mani, It could explain the sudden interest in AMD after two o'clock ajb

To: Mani1 who wrote (80850)	11/23/1999 7:45:00 PM
From: tejek	Respond to of 1573430

Mani and thread: Assorted, late in-the-day semi news including current book-to-bill ratio for equipment makers(its up), why box makers are having problems in market (for Kash) and last but not least, the closing numbers for intc and AMD. Now when this was written, both were closing down: intc down by 1 1/2 and AMD down by 1/8; however in the end AMD was up 3/32. Now in TA terms this is called a reversal; for those who don't know the term, it is considered very, very bullish sign especially when it happens on a down market day. I think AMD, the stock, is planning a major gap up soon. For those thinking of buying more AMD, it may be appropriate to do it soon....I am p*ssed I didn't buy some today. ____________________________________________________________ Hardware shares can't find relief Cisco bucks trend, rises on 'buy' rating By Janet Haney, CBS MarketWatch Last Update: 4:52 PM ET Nov 23, 1999 Silicon Stocks NEW YORK (CBS.MW) -- Hardware shares dropped for a second session Tuesday as investors ignored a rosy report on semiconductor shipments and locked in gains over the past few weeks ahead of the Thanksgiving holiday. The Philadelphia Semiconductor Index (sox) fell 2.2 percent despite an increased October book-to-bill ratio for the semiconductor equipment industry. Chip-equipment maker Applied Materials (amat) dropped 7/16 to 102 7/8, and Teradyne (ter) shed 13/16 to 45 5/8. Novellus (nvls) dipped 2 3/16 to 84 1/4, and KLA-Tencor (klac) slipped 1 7/16 to 89. Tim Summers, senior director at Advest, Inc., said the falloff in chip-equipment stocks today is a combination of big gains in the stocks in the first 11 months of the year as well as the upcoming Thanksgiving holiday. "We're in a holiday week, and so people are not focusing as closely as they might," he said. "They [investors] want to lock in some gains before year end." Semiconductor Equipment and Materials International (SEMI) reported an October book-to-bill ratio of 1.09 for North American-based chip equipment. This means for every $109 in orders received, $100 worth of products were shipped. The figure is higher than the September book-to-bill ratio of 1.07. "The October numbers show that equipment orders are back on track for full recovery," said Stanley Myers, president of SEMI. "The resurgence of the global semiconductor industry, coupled with positive economic and industry forecasts for 2000, appear to be finally spurring growth in capital spending." Additionally, SEMI said the three-month average of worldwide shipments hit $1.47 billion in October, a whopping 72 percent above the year-ago October number of $852 million. Today on CBS MarketWatch Chip woes trip up Nasdaq Lycos grabs Gamesville.com When will TeleBanc, E-Trade tie up? Farm woes hurt Deere & Co. StockWatch: Israel -- such a bargain More top stories... CBS MarketWatch Columns Updated: 11/23/99 4:01:04 PM ET Most chip manufacturers also fell in trading. Intel (intc) lost 1 1/2 to 79, and Advanced Micro Devices (amd) fell 1/8 to 26 13/16. Motorola (mot) was down 3 1/4 to 117 1/2 and Micron Technology (mu) lost 1/2 to 67 1/2. Compaq offers employees bonus options The Goldman Sachs Computer Hardware Index (gha) dipped 0.8 percent. Compaq Computer (cpq) lost 1 1/8 to 24 13/16. Compaq will award its 68,000 employees a one-time offering of 200 stock options, which could amount to a total of some 13.6 million shares, CBS.MarketWatch.com has learned. See Tech Report. According to International Data Corporation, Dell Computer (dell) reached the No. 2 position in worldwide PC server shipment market share in the third quarter of 1999, moving past IBM (ibm). Dell shares slipped 1/2 to 41 1/4, and IBM shed 1 11/16 to 106 3/16. Apple (aapl) came back from earlier losses to close at 92 13/16. Hewlett-Packard (hwp) was up 1/16 to 93 7/8. In the networking space, shares of Cisco Systems (csco) rose after analysts at PaineWebber began coverage of the network equipment maker with "buy" rating and a 12-month price target of $125. Its shares gained 1 to 88 1/2. Lucent Technologies (lu) lost 1.6 percent to 76 3/8, and 3Com (coms) was up 3/4 to 43 3/4. Janet Haney is a reporter for CBS MarketWatch. -------------------------------------------------------------------------------- For late-breaking financial news you can't afford to miss, go to cbs.marketwatch.com