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

To: 5dave22 who wrote (117872)	6/27/2000 11:17:00 AM
From: chic_hearne	Read Replies (1) \| Respond to of 1574877

Re: if you're concerned send a friendly note to IR and see if they have an explanation for the share price action. Toni is very good and she might have something to say. It might also be a call to action. Down $2.50 on less than 1 million shares. Action like this usually means someone is going to miss their numbers, I keep telling myself that is impossible. Isn't it? Dave, I'm not concerned. I stand to make some good money off of July options, but the bulk of my money will be made in January which is still a long ways off. In my opinion, it's naive comments like how Steve responded to you: AMD is quite likely to appreciate in the short term and I will be looking for a top to establish a put position. However, as INTC capacity is upped and processor prices fall and Willamette is shown to be vastly superior to anything in AMD's lineup, I expect AMD's processor business to slip back into the red. I think a lot of investors still feel this way. It will happen, you have to have patience. I don't expect a stock to go up every day. My guess is we'll start to see some analysts pounding thier fists on the table any day (need to get the fed out of the way first). The numbers will speak for themselves and the extra short interest will help push the stock even higher. chic

To: 5dave22 who wrote (117872)	6/27/2000 12:01:00 PM
From: tejek	Respond to of 1574877

Down $2.50 on less than 1 million shares. Action like this usually means someone is going to miss their numbers, I keep telling myself that is impossible. Isn't it? Dave (concerned), Go back and read my post from last week. Last week AMD tried to break out but failed on light volume...that caused it to fall back into its trading range. The trading range doesn't allow for much upward movement but there is some as evidenced by higher highs and higher lows. The next breakout is not likely to fail because we will be running to earnings. The selling you see is the weak hands being shaken out of the stock...they are having much the same reaction you did and are vacating the stock before the sky starts falling. <g> Those weak hands have to be gotten out of the stock before it can make its successful run....because they are the same people who will sell once the stock goes up a few points. And we don't want that because this next move should be major....I am hoping for at least 20 pts. I am selling right now to buy some more later today. ted BTW if I am wrong, sue me! LOL