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


To: Jim McMannis who wrote (125971)10/12/2000 8:46:43 PM
From: steve harris  Read Replies (1) | Respond to of 1583320
 
FMR dumped 45% AMD

cbs.marketwatch.com

steve



To: Jim McMannis who wrote (125971)10/12/2000 9:25:13 PM
From: Road Walker  Respond to of 1583320
 
Jim,

re: "There is some truth to the fact that institutional Intel holding make the stock a darling. WS will give them the benefit of the doubt..."

Intel has been at or close to number one in negative money flow for the last five trading days, on huge volume (I haven't seen the numbers today, but Intel looked stronger). Yesterday their money flow was worse than LU (who warned) and MOT (who had lousy earnings). Institutions and mutual funds have been dumping Intel, big time. The institutions are usually right, we'll see.

AMD's stock behaved VERY well today, considering the market and the sell the news mentality. I suspect accumulation. Again, we'll see.

John