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

To: Rod Patten who wrote (120647)7/20/2000 10:11:48 AM
From: richard surckla  Read Replies (3) | Respond to of 1572472
 
Rod... Word is that a PRICE WAR IS COMING between Intel and AMD because they both had strong earnings. Fear is that a price war will hurt AMD more... thus the selling activity and falling in price of AMD stock.



To: Rod Patten who wrote (120647)7/20/2000 10:24:56 AM
From: TimF  Respond to of 1572472
 
So why is AMD trading down 4 11/16 (a little before 10 AM)?

Perhaps a bit of buy on rumor sell on news (although AMD didn't have a big run up to earnings). I was tempted by the cheap price and picked up 5 Jul 90s for 1 1/8. (I wasn't at a computer when they hit there low of 3/4).

Tim


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