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


To: Mani1 who wrote (112157)5/23/2000 3:33:00 PM
From: chic_hearne  Read Replies (1) | Respond to of 1570290
 
Re: chic that is an old article from few days back

Mani,

Hearing that the CEO of the company I'm 100% invested in has sold half of his shares scares the shit out of me.

I am usually a very good contrary indicator. :( So you guys should have a banner day tomorrow. I try to buy at the open if things look good.

I hope so.

chic



To: Mani1 who wrote (112157)5/23/2000 4:20:00 PM
From: chic_hearne  Read Replies (3) | Respond to of 1570290
 
Re: So you guys should have a banner day tomorrow. I try to buy at the open if things look good.

Mani,

I just made the rounds at work and at least a few people will be getting margin calls today or tommorrow. This could be a very rough next few days. I think Nasdaq 2400-2600 is a very good posibility over the next few months. I wish the "bubble" would just pop so we could get it over with. Some of these "speculative bubble stocks" still have a long ways to go down. I don't think things will be over until we start to see some prices like this:

SUNW- $30
ORCL- $20
YHOO- $30
INTC- $60
CSCO- $25

This has nothing to do with Greenspan, it is because valuations have become historically out of line!!

The good thing is, AMD fundamentals are better than ever and January calls are very cheap and attractive.

chic