SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: AK2004 who wrote (4311)8/10/2000 2:43:03 PM
From: 5dave22Read Replies (2) | Respond to of 275872
 
Unbelievable. I sold 100 shares to cut back some margin. Got $57 1/2. Those were the shares I bought @ $82 - the last time I purchased. As SOON as it filled, AMD shot up. I'm happy to have done it, for the rest of my shares.

Dave

edit - back down again. AMD sucks. not a stock for the weak.



To: AK2004 who wrote (4311)8/10/2000 2:43:36 PM
From: Mani1Read Replies (2) | Respond to of 275872
 
Albert, re <<as far as demand signs - you are wrong>>

I was just saying that availability of AMD powered machines are getting less. At least in the US retail space.

I have said several times that I am also worried about the overall market sentiment about tech stocks and semi's in particular.

CSCO, EMC and SUNW are so incredibly over valued that it is not even funny. Even DELL, NOK and INTC are very expensive. The internuts continues to be in la la land. So are the Biotech's and optics. For two years NASDAQ has bend but never broke.

AMD is very cheap and I continue to love the story. IMO it is a high risk high reward type of investment and I like the ratio. The stock does not have fundamental or technical momentum, and the over all tech market stinks.

Lets see what DELL has to say.

Mani



To: AK2004 who wrote (4311)8/10/2000 3:51:50 PM
From: andreas_wonischRead Replies (2) | Respond to of 275872
 
Albert, Re: before I left home in the morning, there was a guy talking on cnbc about value of ta. [...] There are no underlying reasons what-so-ever for the stock moves but that is how it works.

In this case we have a problem: The stock is technically extremely weak and is currently below all import support lines except the 200 DMA. If this support breaks the next support level would be in the $42-$45 range (at the gap from march). Currently we need prices above $70 to break the downtrend. There were two major sell signals when we broke below this level, just look at this chart:

investtech.com

Let's hope that the still very strong fundamentals can reverse a crash down to the 40s.

Andreas