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


To: f.simons who wrote (88772)1/21/2000 3:06:00 PM
From: niceguy767  Read Replies (1) | Respond to of 1572013
 
Hi Frank:

With 50/50 hindsight of the past 2 days trading,in which many of you AMD naysayers seem to delight, AMD's $37, about $3.00 below pre earnings level of $40 and up significantly from $30 at the beginning of January should not be surprising...Yes I thought it would test (and even perhaps successfully test $48.50 on the basis of earnings..and I was wrong)...and no I'm not concerned by this pullback and see it as a technical pullback only. I suspect AMD will spend some time consolidatingg between current levels and 48.50 before scaling this very important technical ceiling!