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.

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

To: bacchus_ii who wrote (8766)	9/15/2000 9:26:42 PM
From: DRBES	Read Replies (1) \| Respond to of 275872

Regulars on this thread probably know what I meant. I have made many posts in the past "playing with the numbers" as I have called it. When AMD bottomed in the mid teen (pre-split for both AMD and intC) I had been noting on a regular basis that the daily trading volume ratios of the two issues, intC/AMD, was exceeding 70:1 . Sometimes it actually crept close to 100:1 . I formally suggested, in one of my very early posts, one or two years ago, that there may be some significance to normalizing AMD's volume against that of inteL. The "normalized" comparison became briefly contorted for me during the brief period when inteL common had split and the AMD split had not yet become effective. I had to divide inteL's volume by two in my head; an increasingly difficult task for me as I get older. AMD solved that problem in due course. More recently the volume ratios have hung in the middle of the range between one and ten. How do I interpret today's relative volumes? I am far from sure but lower prices brought intC common "out of the woodwork" while, though sales of AMD common could hardly be considered skimpy they were, on a relative (historical) ratio basis not all that heavy. Has inteL bottomed? I am betting not. Has AMD bottomed? In my mind this is more likely but hardly guaranteed. I suffer a very well deserved notoriety on this thread for very poor short time timing. "Technical Schmecknical" I just buy the common and hang onto it. The last time that I bought the common (split adjusted) it was in the high single digits. Regards, DARBES