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


To: fyodor_ who wrote (27557)2/6/2001 2:29:56 PM
From: redbirdRespond to of 275872
 
CSCO may affect the general market, but even with the Flash tie in it should not affect AMD that much.

When we ran from $18 to $22 on Jan 18th, the volume was about 21 Mil. It then dropped back to 12, then 6, 8, 5, 6, and 6 mill on the 19th - 26th (trading between $20 and $23).

We then ran to $26 and came back to $23 - $24. Over the past 3 days we have traded 12, 8, and 6 million shares. We are on track to trade between 5 and 6 Mil today.

As stated before, I believe we are simply in the low price and volume end of a rising price cycle. If you also believe this, it is the best time to buy.

Redbird