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

To: hmaly who wrote (18180)	11/8/2000 12:43:44 PM
From: tejek	Respond to of 275872

Ted, the reason I bought this up is two wks. ago you mentioned IBD said the accumulation rating on AMD was a D or C. This site shows institutions actually were increasing their AMD by 8 million shares q3-00. There is a discrepency there. I doubt if it matters which institution is holding the shares, Fidelity ,Vanus or otherwise, as long as you don't have a big overweighted position in one mutual fund, and quite possibly that is what Fidelity was doing; reducing their position in semiconductors, rather than ditching AMD per se; as other institutions have actually increased their amounts of AMD shares. Harry, Let's look at it logically....if AMD stock sales were net positive in Q3, then the stock would have gone up. At best in Q3, the stock moved down/sideways. The institutions may have picked up 8 million shares in Q3 but someone else dumped at least 8 million, or more. Do you know what period IBD gets their accumulation periods over, day,wk, month ? I understand they revise the figures weekly. ted