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


To: milo_morai who wrote (3435)8/2/2000 9:05:11 PM
From: milo_moraiRespond to of 275872
 
<font color=darkorange>CNBC 8/2/00 - 2:03 PM... financials today, hmos were are a leadership stock, weak today, you see what i mean? Trendless here, airlines drifting to the lows of the day as i was sitting down. Paper stocks also moving up and down. One exception semiconductor's upmove advanced micro devices, amd, and we are looking at a one-year here. The key here, we've been moving down here, you see down almost $2 around here. There's been a lot of chat ore desks about why the stock is moving in opposition to semiconductors late in the afternoon there. Is some chatter going around, that's all it is, about cisco made comments that the flash memory chips may be more readily available, one of those stocks along with atmel, even intel makes flash memory, that makes flash memory. Interestingly, i'm not seeing a tremendous hit in intel either right now. So bear that in mind, that's the chatter going around at this point. That's why advanced micro is a little weaker. We're seeing some rebounds in some very oversold sectors, the contract...

People are skiddish it seems.
Milo