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


To: tejek who wrote (99498)3/22/2000 4:41:00 PM
From: niceguy767  Read Replies (1) | Respond to of 1580075
 
ted:

Re: "I don't think there is any timing the swings now...we are too close to earnings. If you look at a chart AMD is doing that straight up thing it likes to do where the 13 DMA separates from the 50 DMA.

I think it will keep this up with maybe with a couple of moves sideways right to earnings."

Comment: I'm inclined to agree with your assessment...but in any event, I'm expecting $70 (minimum) before or shortly after earnings release...The probability of a price explosion before earnings release is high enough, imho, that I don't wish to take profits at the moment in the event that AMD pre announces or "group-think" of the institutions occurs precipitously! How AMD gets to $70 isn't a concern for me at the moment, but when...My guess is before April 14!