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

To: Road Walker who wrote (121524)	8/2/2000 3:59:07 PM
From: Gopher Broke	Read Replies (2) \| Respond to of 1575396

I don't mind averaging down if I think a stock will eventually go up from my original purchase price I bought 3K shares and 30 Jan 2002 $60 calls today, which has consumed all of my cash. Now I am seriously considering liquidating the rest of my portfolio and putting it all in AMD. The only thing holding me back at present is the risk that there is material news that has been leaked to the fund managers to trigger this drop. But if we hear nothing in the next couple of days then I will definitely be reallocating funds despite the risk. None of the other stocks I hold has such high growth, low PE and analysts targets of the price doubling (from current position) within a year. And I just don't see Intel having any answer to AMD's technology at the moment. Where is Willy, anyway? Are Intel going to use the old "chipset issue" excuse to avoid having to admit that Willy is slower than P3?

To: Road Walker who wrote (121524)	8/2/2000 4:09:18 PM
From: tejek	Read Replies (3) \| Respond to of 1575396

The most bullish signal would be if I didn't get filled, that would mean a bottom is in <g>. Can't tell you how many times that has happened, I've given up a lot of profits because I was too cheap to pay an extra 1/2 point on the buy. John, Actually today may have been what they call a capitulation...when the stock sells off on heavy volume...volume today was 9+ million..normal is 4+ million. A stock's capitulation usually occurs after a stock has gone thru a period where it keeps going down on no news. Investors naturally get freaked and the weak ones(due to margin calls) jump out. I am hoping that we had that today. If so, then AMD will begin the slooooow process of putting in a bottom. Heavy volume can signal a top or a bottom. ted