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


To: JohnD who wrote (87180)1/14/2000 10:12:00 AM
From: niceguy767  Read Replies (2) | Respond to of 1572753
 
Hi JohnD:

I'll leave it to the Intellabees to comment on INTC.

As far as AMD goes, there is resistance at $38, the upper boundary of the 3 mth.trading channel. My guess is this formidable boundary will offer significant resistance, which, if overcome today (and don't be surprised if it is), would signal a rapid escalation to $48.50, the AMD all-time high.

Earnings release next week will provide the thrust to test $48.50, if not tested before!