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: jcholewa who wrote (10214)	9/25/2000 4:43:36 PM
From: niceguy767	Respond to of 275872

jcholewa: "Question: If AMD achieves "escape velocity" (definitely possible because of the subdued expectations and the fact that AMD, I'm told, likes to shoot up around that part of the year), what price do you realistically think it will reach by, say, November 3rd?" Comment: If AMD meets its 3.6 million Athy target and looking forward maintains the Q4 7.2 million target, I'd say a test of $48.50, its all-time high is highly likely...Might meet minor resistance in the $35 to $38 range along the way, but no serious resistance until $45 to $48.50 range...A breakout above $50, the 5 year upper boundary, would be an exceedingly strong indicator, suggesting the possibility of a major upswing from there... By November 3, assuming the positive surprises outlined above, I would think $48.50 might be a conservative target...