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


To: Goutam who wrote (81786)12/2/1999 9:56:00 PM
From: Charles R  Respond to of 1572773
 
<The catalyst to start this stock ramp up for today, came in a different form that we didn't think of - CNBC coverage of exploding Flash business and they clearly mentioned AMD as the major player in this market. Also, they mentioned about Intel Coppermine bug under a different topic.>

THis might be true but I don't know how sustainable a CNBC originated rally is. Unless it follows with real news (PR, analyst ratings, or something like that) the pop may dissipate. I am not saying it will but the momentum buyers can't wait for too long without news before they turn into sellers.