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


To: Petz who wrote (133328)2/22/2001 11:19:27 AM
From: tejek  Respond to of 1570939
 
ted, I think the buyback program is kicking in around the $23 level. Nevertheless, I wouldn't rule out $20 on a real sickening decline. NAZ100 futures are pointing to a lower open which would probably take out the 52 week low set on January 3.

Petz,

Assuming recovery of the economy is months away, I think AMD will be perceived to have gotten ahead of itself and drop back down as a retest.

That's my hope....maybe a bit wishful but today we saw it drop back to $21.50.

ted