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

To: Mani1 who wrote (3690)8/4/2000 3:52:30 PM
From: kash johalRead Replies (4) | Respond to of 275872
 
Mani,

I would say both AMD and Intel down is not a good sign.

Bad news causes huge sell offs - just see the klic/mot sell off.

Earnings have generally been good but stocks are much lower AMD/INTC are examples of this.

Now folks are looking for cisco - if they bomb the market tanks. If the beat then we may move sideways and then folks will worry about AMAT. If AMAT even sounds cautious - they will likely tank the sox.

This is classic bear market methinks.

If cisco or AMAT miss AMD and most likely Intel will likely run into 50's.

A nasty market IMHO.

regards,

Kash


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