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

To: Joe NYC who wrote (22164)	12/11/2000 4:41:46 PM
From: Jim McMannis	Respond to of 275872

Joe, RE:"There as been some recovery in last 5 days, as it looks like we are approaching the end of this cycle. Nasdaq is over 3,000 now. I think market will receive it as a good news if there is a conclusion (within next 2 to 7 days), and if it looks that neither FL nor US legislature will have to get involved" It does appear that the markets are sniffing out a conclusion to this election uncertainty. I wouldn't be surprised if we are right back at the 3200-3300 level when it's finally concluded. Provided it's soon. Of course, since some here still believe the election has had no effect on the market, I would be at a loss just why it would be back at those levels, provided it is, mind you. Still, AMD has a lot of recovering to do and that's my big concern right now. 17 back to 48 is a lot of green... Jim

To: Joe NYC who wrote (22164)	12/11/2000 4:42:15 PM
From: 5dave22	Respond to of 275872

Joe <There as been some recovery in last 5 days, as it looks like we are approaching the end of this cycle. Nasdaq is over 3,000 now.> I sold out a lot of my positions towards the end of close today. It may run for another day, but I expect some profit taking soon. Even if NAZ picks up some decent gains, I expect NAZ to be back at 3000 at some point this or next week. Still some underlying concerns (justified or not), which will resurface after all this election mumbo-jumbo has been resolved. Regards, Dave