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 (125056)	9/29/2000 1:26:54 PM
From: tejek	Read Replies (1) \| Respond to of 1575605

Sorry for the late response. I think the reaction to the Apple news and the Intel news helps to confirm a solid bottom for AMD at 23-24. I am accumulating stock now for a trend play rather than just buying dips and selling the puny rallies we have seen recently. AMD is primarily a manufacturer of commodity parts but they are executing quite well. The announcements of the death of PC market are premature. And Intel's market share woes are benefiting AMD. The wireless and portable device markets and others that use Flash are soaring. Altogether, it is possible that AMD will see some more minor downward earnings revisions but the price has come down to extremely oversold territory. AMD is well positioned to do well into next year. A double in price by March is probable imo. I agree completely....I think the general market does not crash badly after announcements like those from AAPL and INTC is because the markets consider this bottom.....at least for now. In the meantime, AMD's rep is getting better every day. If they can report a good quarter and good forward guidance, I too think the stock will take off. ted