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


To: TGPTNDR who wrote (115092)6/9/2000 12:34:00 AM
From: tejek  Respond to of 1572219
 
Ted, Re: <When the Naz tanked, starting March 10th, AMD hardly budged; in fact it went on to make several new highs. >

Another case of an an inefficient market? That's the best I've been able to figure out. Let me know if you've got another idea.


tgptndr,

What I meant by that statement was that in spite of the Naz's troubles, AMD stayed strong, made new highs and continued to move strongly and by the end of March made more new highs......when most tech stocks by this time were 50% off their year highs. AMD's fundamentals were so strong they overruled the general market. Only a few stocks did that then.

ted