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

To: Charles R who wrote (82239)	12/7/1999 4:14:00 PM
From: Jim McMannis	Respond to of 1577188

Looks like AMD will close up or at least even... Jim

To: Charles R who wrote (82239)	12/7/1999 4:14:00 PM
From: kash johal	Respond to of 1577188

Charles, Re:"accumulation" You got that right. The big boys have been buying. And the ANALysts have held off upgrading till they finish. Volume has been awesome for last few days. I sense a massive move up once GTW is announced or if AMD preannounces a profitable quarter. With the latest news that GTW can't get enough CPU's and this will impact its quarter - this can ONLY be bullish for AMD. regards, Kash

To: Charles R who wrote (82239)	12/7/1999 4:20:00 PM
From: niceguy767	Respond to of 1577188

Hi Charles: Today's reversal, from the calamitous opening, not only closed the gap but saw increasing volumes push AMD to a near term high close at $31.75. Looked like the chunks that came in at the close wanted to be in place before tomorrow's opening. Technically,the closing of that morning gap between $31 and $31.50 is a very strong and positive indicator. Expect the next surge to begin tomorrow, assuming normal market risk conditions. The next surge should take us to $38 very rapidly, with minor stops in the $33 to $35 range. Looks like it could be an interesting ride the rest of the week!