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


To: Rob S. who wrote (121644)8/3/2000 9:56:39 AM
From: Rob S.  Read Replies (1) | Respond to of 1576172
 
Too early to tell but here is my read on the action so far this morning:

AMD, Intel and some other stocks were delayed this morning and gapped down. I have seen a disproportionate number of large blocks on the buy side so far but it's too early to conclude much. What is does tend to indicate is that institutions are moving to the buy side as others panic. Time will tell.

I think it's time to go fishing for bargains.



To: Rob S. who wrote (121644)8/3/2000 10:34:34 AM
From: Tony Viola  Read Replies (2) | Respond to of 1576172
 
Rob, somewhat OT>The fear and panic level should reach a point where the wolves will smell the blood in the streets pretty soon. Then you will see the carcasses picked clean

Pretty graphic. If you go back enough hundred year periods, that scene took place for real right on Wall Street.

Good ol' Maria Bartiromo, whom I can't help but like for some reason, said on CNBC today that Motorola's telling some of their chip vendors that they'd be moving orders out some, is probably proof that Jonathan Joseph was right. Sometimes I wonder if someone writes all her stuff, or if they let her say some things on her own. Calls 'em as I sees 'em and no resumption on yesterday's brain size by gender discussion intended. And they tried to call Frank Gifford just another pretty face.

Tony