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


To: Bill Jackson who wrote (88233)1/19/2000 6:44:00 PM
From: niceguy767  Read Replies (1) | Respond to of 1572748
 
Hi Bill:

No reason, why AMD shouldn't test the all-time high of $48.50 tomorrow given that best quarter in recent history was $0.15 and given street consensus of $0.01...Throw in the shorts running for the exits and not only is a test of $48.50 a reasonable expectation but a "blast through" the all-time high of $48.50 cannot be considered improbable!

Once $48.50 is successfully scaled the next stop is $63, the upper boundary of the 5 year trading range! The way things look right now, we may not have to wait for Q1 earnings to test the upper boundary of $63 after all!