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


To: david_langston who wrote (121104)7/27/2000 8:51:28 PM
From: Jim McMannis  Respond to of 1573213
 
RE:"Do you think we are very many days away from an intermediate selling crescendo in the semis? The 10-15% drop today in many of the high PE, chip stocks ought to be generating some margin calls tonight and tomorrow. OTOH, the weekend could act as a firebreak to let investors reconsider the new "bargains" in the sector."
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I would like to see 3500-3600 or so intraday tomorrow in the Nasdaq. Then I might nibble more...

Jim