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

To: niceguy767 who wrote (92806)	2/13/2000 2:01:00 PM
From: Richard Wang	Read Replies (3) \| Respond to of 1574326

Nice, AMD is now short, intermediate, and long term bullish. To view the future crystal ball, we should also look at the trading pattern of the last 20 years. AMD prices during this period had been capped at around 40. When AMD breaks out of this previously immutable price block, long term implications can be extremely striking. If we look at this type of chart caps for many stocks, the breakout usually is followed by greatly accelerated stock movements to much higher and uncharted grounds. Gains become not measured in %'s but in how many folds. The targets around 60 may be appropriate, but only as intermediate term targets. On the way to these targets AMD would have broken through the overhead very long term cap. We should look forward to much more than the around 60 targets over the longer term. Richard