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

To: AK2004 who wrote (2668)	7/28/2000 12:21:01 PM
From: niceguy767	Respond to of 275872

albert: re: "take a look at H&Q report - seems like amd is among their top 3 picks" Comment: and so it should be...just no reason for it to be below $120 today, given last 3 quarters of earnings and yesterday's forward guidance offered by management!!! Have to go for my run now...Hope to see AMD north of $73 by my return!!!

To: AK2004 who wrote (2668)	7/28/2000 1:18:55 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

albert: Just got back from my run...I see we got as high as $74!!! Signs of AMD bottoming are: 1. Technical indicators, as previuosly stated, only in this orientation 3 times previously this year and have been followed by a 20% to 50% move in ensuing 2 week period... i.e. my technicals project an AMD price of $84 to $105 by Aug. 14. 2. Today's volume and strength in face of Nasdaq weakness suggest AMD bottomed yesterday. 3. A close above yesterday's high of $74-3/8's will confirm that bottom occurred yesterday and that the next major upswing has begun! I see we're back at $73 again...higher highs so far today on big volume is a very very strong signal!!! Seems like the AMD word is getting out there...One can only avoid reality (i.e. outstanding AMD fundamentals) so long before it confronts you!!!