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


To: Bert Herman who wrote (103464)4/10/2000 5:08:00 PM
From: niceguy767  Read Replies (2) | Respond to of 1571405
 
Bert Herman:

Re: "Actually, I'm not unhappy with this closing prices.
Also, the Nasdaq had rather light volume today, just like friday, indicating a lot of people are waiting with tons of money to buy if earnings are good. This will start the upswing.
Think about all those people who sold internet stocks etc.
Do you see them buying banks and oil companies. I don't.
But I do see them buying semicon and equipment companies. A little more safe in this volatile market, but still with the high growth prospects of the technology markets."

Comment: Agreed...All kinds of money on the sidelines poised to pounce...Nasdaq's current skittishness is not something a couple of rosey Q1 earnings reports won't cure...Would've been nice to test $80 today but I guess we'll have to wait a while longer...not more than 2 days according to my crystal ball and maybe even tomorrow if MOT meets street estimates! Too many tech stocks with too much growth potential, given an Internet in its infancy stage of development when looked at within the global context, for the Nasdaq to remain weak for too long!