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


To: eplace who wrote (102415)4/5/2000 7:29:00 PM
From: Mani1  Respond to of 1577864
 
eplace Re <<..mostly AMD sold off after 1st quarter earnings because it got itself into an overbought position.>>

Yes, thank you :)

Mani



To: eplace who wrote (102415)4/5/2000 11:38:00 PM
From: Petz  Read Replies (2) | Respond to of 1577864
 
eplace and chic, on selloff after Q1. IMO, it was mostly because Athlon sales only just made AMD prediction of 800,000 units. K6 units were way above expectations but the street figured that couldn't last.

In Japan, Sanders said AMD would meet its goal of selling 1.2 million Athlon units. If the stock rises past 75 and 1.2 million is exactly what we get, there may be a mild selloff.

Petz