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

To: Cory Gault who wrote (94840)	2/23/2000 6:13:00 PM
From: SteveC	Respond to of 1574763

AMD's technical side has never made any sense in comparison to the broader market. We need some news relating to fundamentals to drive up the stock in the short term (or leaks to analysts that it is having a blow out quarter).

To: Cory Gault who wrote (94840)	2/24/2000 1:41:00 AM
From: tejek	Respond to of 1574763

What is your unbiased take if you could on AMD technicals at the moment. Much to my dismay AMD was the only red on my screen on an incredible day. Losing ground today when money was being tossed at techs on half of average volume is interesting. What are your thoughts? CG, I don't see any trouble with the stock...its pullback seems fairly normal and has occured on very light volume i.e. today it was 1.4 mil vs a normal daily ave. of 4+ mil. I think its really dangerous to compare your stocks with each other on a daily basis. For an example I bought Troy...you know them, they are from OC...between 14-16 and it did nothing for weeks....I almost sold 3 times even though it had excellent fundamentals and was considered one of the leading stocks in its sector..comp.peripherals. Other stocks in my portfolio were killing it growthwise. However in the last two weeks its been a double and is now one of my fastest growing stocks. Why did it base for so long...who knows. But it was worth the wait. So what I suggest is compare AMD's percentage performance for the past two months with other stocks in your portfolio and see how it stacks up. That's how I decide to move out of a stock. If its way behind the rest of my stocks, I sell it and move on, sometimes with unpleasant results. I sold two stocks in their teens in Dec and made a small profit. Today one of them is over $60 and the other is over $40. I blew it because I got impatient....they weren't moving fast enough for me....they waited to make their move after I sold. Obviously it was plot to screw me...paranoia can be a terrible thing.<G> ted