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

To: minnow68 who wrote (2350)	7/26/2000 11:07:40 AM
From: niceguy767	Respond to of 275872

minnow68: Re: "Great post. I want to comment on one particular remark you made "It is downright amusing how every other guy cheers niceguy and looks for a $120 price target one week and the pendulum swings all the way and there is talk about $40" Comment: Market risk, as opposed to company risk, is the primary driving force at the moment...When market risk turns sour, no amount of good news will counter...and high beta stocks like AMD are not only the first to take a hit, but, as you have pointed out, the doom and gloomers reappear to throw gasoline on the flames...AMD is currently, once again, way oversold at $74-1/2, and will return to test its all time closing high of $95 in the near term, when market risk once again turns positive...At current levels, AMD represents an outstanding opportunity for above average ROI...Meanwhile, consolidation in the $70 to $95 range continues unabated!