Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: f.simons who wrote (82519)	12/9/1999 3:36:00 PM
From: niceguy767	Respond to of 1572598

Hi f.simons Holy cow! Today was the first and only day to my knowledge that I have made any suggestion that the price of AMD is tied in any way to INTC and the reason I did today was because it seemed a significant breakdown in INTC, a market leader, when its price dipped below $74, and my experience is that when the leader in a segment falls, others, no matter how rosey their product mix, usually follow. As I also mentioned today, the ratio of INTC/AMD market prices is narrowing with the advent of the Athlon, an indicator that any interdependency is declining! You are quite right that I should be happy that AMD is flirting with $30 and I am. I actually think AMD continues to trade in a fairly normal upwardly sloped channel, and any gyrations within that trading channel reflects fairly typical volatility. I am also looking forward to when it tests the upper boundary of this trading range at $37 to $38. It will not be straight up, as we have seen the past couple of days, as market risk, will periodically dampen AMD's current upward price bias.

To: f.simons who wrote (82519)	12/9/1999 3:37:00 PM
From: kash johal	Respond to of 1572598

Frank, Excellent points IMHO. regards, Kash