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


To: prybior who wrote (99020)3/20/2000 7:46:00 AM
From: niceguy767  Respond to of 1575835
 
Andre Pareis:

Re: "Probably the gap between $42 and $46 gets filled in the next few days. This might be the last cheap buying opportunity for the next couple of months!

Comment: If that gap was going to get filled it would have happenned last week. It saw its closing low for the foreseeable future at the $48 to $48.50 range (previous all-time high). Normal trading range is $50 to $60 (+or- $2)which implies, technically, that AMD is a very strong buy at $50...Further, fundamentals suggest that AMD's stay in the buy range will be evanescent! Look for a test of $60 in the very short term! My guess is you'll be waiting a long time if you're thinking on waiting for $42 to buy more AMD...In fact, I don't think you'll have a whole lot of time to get in under $60!



To: prybior who wrote (99020)3/20/2000 9:45:00 AM
From: Epinephrine  Respond to of 1575835
 
RE: <Although I'm already good invested in AMD (at $20), I'm planning to buy many many more of AMD stock on more price drops. Probably the gap between $42 and $46 gets filled in the next few days. This might be the last cheap buying opportunity for the next couple of months!>

Andre,

Thanks for the information on the German PC resellers. Do you really think that the stock will fall to 46? I would be very surprised to ever see below 48 again and I am tempted to say that 50 is going to be permanently in the rearview mirror from now on.

Thanks for your thoughts,

Epinephrine