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

To: Scumbria who wrote (1189)	7/19/2000 2:05:17 AM
From: minnow68	Read Replies (1) \| Respond to of 275872

Scumbria, I'd be willing to bet you a nickel that if AMD earns $2.00+, that AMD will trade, at least momentarily, over $95 by the end of the week. Mike

To: Scumbria who wrote (1189)	7/19/2000 2:17:57 AM
From: dougSF30	Read Replies (1) \| Respond to of 275872

Scumbria, come on, be a little more contrarian here... If the stock had run up the last three months, great earnings would be more likely to trigger a selloff than they would be given the sideways history, no? You've really been taking bitter pills lately, huh? Always darkest before the dawn... Doug

To: Scumbria who wrote (1189)	7/19/2000 10:46:56 AM
From: Charles R	Respond to of 275872

Scumbria, <Given the spectacular lateral movement of this stock over the last three months, I think blowout earnings could project AMD all the way to somewhere between $75 and $95 dollars.> The Solomon call killed the stock before earnings when it should have gone up. A lot of weak hands should have let go of AMD at that time. These folks may come back with a vengence when AMD dispels the commodity flash thinking (driving factor behind Joseph's call). Lots of good news will comeout today. - Blow away earnings - Strong CPU shipments going forward - ASP expectations of $100+ going forward (good chance that we already got there in Q2) - Upbeat flash story - Debt retirement - Above all, a sense that AMD's profits may no longer be a one time event I could be wrong but I think these should help cap the downside to $80 (coupled with a lots of 80 puts). Since a lot of selling seems to have gone on yesterday and today, the sell-in-to-earnings may already have ruin its course. So, for a change we may have upside bias going into earnings. If this theory is valid, I find a number over $100 entirely possible. I have a felling that the likely number may be close to $90 than anything but a wide range of trading wouldn't be surprising. Will be good to see the options expiration game end this quarter. Afterall, the stock does not belong here. Chuck