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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (1048)7/18/2000 12:29:04 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
Scumbria:

Re: "Looks like the market is headed for a real bloodbath today. Any ideas what the latest excuse for panic is?"

Comment: Too much good news...You know, sell on news, buy on rumour...Actually, CPI reared its ugly head again and combined with recent Nasdaq runup has resulted in a minor technical correction...Don't think it'll provide any meaningful roadblock for AMD's Thursday highly probable revaluation though. See we got below $87 this AM, wonder if we'll get north of $90 before the end of the day...At $87.50 this AM, I had to purchase some more Aug. $110's for $3-1/8...