Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Rob S. who wrote (123963)	9/15/2000 11:49:14 AM
From: tejek	Read Replies (1) \| Respond to of 1580142

I think it is time to buy AMD. I bought at 27 1/4. If I am right, this is the low for the period. A retest of 27 1/8 is possible. Reasons for thinking it has turned: The stock has hit a major trading support level. The aggressive dumping has abated - the trading action just looks right to me for a reversal. I don't expect this to become a darling momentum play but should see a modest relief rally for the next few days. Reports of AMD's death have been greatly exaggerated. I think you are right....the chart shows the makings for a double bottom. I suspect the funds that downgraded the stock have finished their dumping. Its interesting in that you want the funds to pick up a stock that you own......but its so double edged....when they freak, you pay the price. ted

To: Rob S. who wrote (123963)	9/15/2000 12:22:34 PM
From: porn_start878	Read Replies (1) \| Respond to of 1580142

I think it is time to buy AMD. I bought at 27 1/4. If I am right, this is the low for the period. A retest of 27 1/8 is possible. Reasons for thinking it has turned: The stock has hit a major trading support level. The aggressive dumping has abated - the trading action just looks right to me for a reversal. I don't expect this to become a darling momentum play but should see a modest relief rally for the next few days. Reports of AMD's death have been greatly exaggerated. I just bought at 27 1/4 too, I think we could see it in the 26's today or in the next few days, but I don't want to risk to be too greedy and miss it. Max P.S. sorry for soiling the thread with my last two posts.