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

To: kash johal who wrote (117071)6/22/2000 12:04:00 AM
From: Charles R  Read Replies (2) | Respond to of 1579399
 
Kash,

<I fully expect AG to raise rates 0.25 and the market is now in euphoria.>

I agree there is a lot of interest rate and Nasdaq risk here but I think the biggest thing going for AMD is that earnings estimates are still too low and these have to moveup over the next few weeks and also possibly a preannouncement from AMD.

The stock has clearly been very volatile and there is a huge amount of money for a good trader so good luck to you.

Like I was saying, it would be a nice time to have a good technical guy on the thread who can call the short term moves.

Chuck



To: kash johal who wrote (117071)6/22/2000 3:48:00 AM
From: Petz  Read Replies (2) | Respond to of 1579399
 
kash, re:<I fully expect AG to raise rates 0.25 and the market is now in euphoria.>

Are you forgetting that AG only wanted to raise rates 0.25 last time but was out-voted by the OMC? And now very clear signs of a slowdown when the last rise has not even started to bite.

They'd be total fools to raise rates now.

Petz


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