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

To: Gopher Broke who wrote (90464)	1/30/2000 11:49:00 AM
From: niceguy767	Respond to of 1575761

Hi Gopher Broke: I can appreciate anyone's uneasiness with Nasdaq...technical pullbacks can be expected but it seems to me the world is only in the initial stages of its being wired. If one sees the existing Nasdaq companies as the root from which growth of a wired world will take place, then Nasdaq at 4000, offers trewmendous upside potential! Although Friday's action with the divergence in direction in long bonds and the DJI is a little disconcerting, with respect to Nasdaq risk and AMD, I'd be concerned if AMD were currently above $48.50...What I'm saying is that it is possible that at $35, AMD has already discounted much of the existing negativity. This week should prove to be very interesting with the Greenspan meetings. Consensus says 25 to 50 basis point increase. I think 50 points are already factored in, so once the uncertainty is out of the way, normal market forces will again resume their leadership role resulting in greater market stability where company earnings drive company prices. Anything can happen in the marketplace, but my guess is AMD north of $40 over the next couple of weeks, perhaps even testing once again (if Gopher Broke's after market trades count) $48.50 once again in February!