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

To: Scumbria who wrote (103469)	4/10/2000 5:36:00 PM
From: niceguy767	Respond to of 1571398

Scumbria: Re: "Everyone I know at every semiconductor company says that they are having blowout sales. Why haven't the analysts picked up on this yet? The next year or two will likely be phenomenal across the board for Semis." Comment: We keep hearing over and over how much the Nasdaq (new economy stocks) has runup relative to the DOW (old economy stocks)...Many believe, erroneously imho, that all tech stocks have gotten ahead of themselves. Q1 earnings for the semis will do much to dispell this current misperception...That's why I don't think the Nasdaq is going any lower and certainly not to the lows of last Tuesday that CNBC keeps alluding to...In fact, I'm looking for the Nasdaq to break through that 4500 resistance and rapidly test 5000 again upon the release of a couple of outstanding Q1 earnings reports, of course AMD's being one of those...If MOT is onside tomorrow, the Nasdaq could catch fire which will only add fuel to what just might be a Thursday AMD price explosion when AMD's outstanding performance is reinforced by the hard data provided by what is in all likelihood an outstanding Q1 earnings report on Wednesday night!