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

To: kash johal who wrote (133776)	2/28/2001 9:27:37 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1570818

RE:"Folks keep hoping the bottom is around the corner. The key will be earnings and reduced forward looking expectation at earnings time. I suspect forward looking guidance to be pretty bad. You will know the bottom is in when the market stats to react positively to bad news... IMHO again...we should be within 10-15% of A bottom, he said bravely and foolishly. Jim

To: kash johal who wrote (133776)	2/28/2001 11:34:01 PM
From: tejek	Respond to of 1570818

Folks keep hoping the bottom is around the corner. The key will be earnings and reduced forward looking expectation at earnings time. I suspect forward looking guidance to be pretty bad. Kash, ALTR forward guidance yesterday was murky at best. That's why I am surprised there wasn't a stronger reaction today. They all but said they have no visibility and the CFO was almost flip in his comments. Could be it will do a slow dive over the next few weeks. As for bottom calling, I think people are giving up trying to make a call. So many false bottoms have been called over the last 8 mos. that the whole notion has become absurd. ted