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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (1210)	9/22/2000 12:59:21 AM
From: Paul A	Respond to of 19633

Hmmm- when I see this in print it worries me a bit tho.. I respect this analyst since he made the prediction on DELL.. DELL came out the day after the downgrade and said the fears were silly etc etc..and sure enough, 2 months later- things started to soften up with DELL. **** 'ROAD KILL' Analysts also said to expect Intel's rival Advanced Micro Devices Inc. (AMD.N) to be hurt, perhaps more so than Intel, because of the glut in supply of microprocessors in the face of flagging demand. AMD's chip, the Athlon, has for the better part of a year been competing successfully against Intel's Pentium III. ``I'm sure there's a big sign flashing in front of AMD saying 'Road Kill,' `` Kumar said. ``When you get this magnitude of an inventory overhang, AMD basically gets destroyed.''

To: Tom Hua who wrote (1210)	9/22/2000 2:07:48 AM
From: lifeisgood	Respond to of 19633

I think the chances of INTC hitting 30 or 40 are smaller than the odds of winning the lottery. I agree for the most part. I've been 80% short since NAZ 4200 and it would take some incredible bargains for me to go long at this point. If we get a panic selloff and the NAZ plunges 500 points (a mere 13%), we could easily see carnage like this, at least on a temporary basis. Remember EMLX on 8/25? Intraday trading range was 43 to 112.5 Scary but true. best... LIG