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

To: TimF who wrote (136847)	5/11/2001 1:54:27 AM
From: tejek	Read Replies (1) \| Respond to of 1580282

When I talked about a possible triple top I was looking at siliconinvestor.com or the daily chart. Which didn't include todays price move up. If you look from late Dec to yesterday's closing it looks like a strong down move today would have meant that it put in a tripple top but today's price busted out above that top. Tim, frankly it looks more like a double bottom to me but as you have probably figured out, the major problem is that the chart you linked is too short term. During such a short period, a stock can look like its in a short term uptrend or down trend at any given moment. To get an overall view, I look to a one year chart and then a three year. TRW's three year chart looks like a true cup, making the one year formation actually look like a bowl. A better chart is at Clearstation.com....I think you know how to get around that site. Once it hits $58, it will probably go sideways for few weeks, maybe several months even. And then, if the gods are good, it will break out and ramp up 15-20 pts. And you will be rich!! I only have about $3200 in the stock. Although if the stock moves up and stays up it might also give me a slightly larger bonus next year. I guess I should have bought some calls when it was at $29.38... I think you will do well if they keep socking away the $$$ in your 401. The article you posted mentioned TRW's ownership of a stake some dot coms. I don't know much about that but I think it has a stake in RFMD and maybe a 1% stake in CRA. One of the things that has held TRW stock back is too much debt partially from aquisitions includeing the billion dollars or so it paid for BDM where I worked before the buyout. I had shares in BDM from the stock purchase plan but I sold most of them to lend money to my sister so she could graduate college. She did pay me back with interest but the stock would have been worth a lot more if I held it to the buyout. Now she is applying for a job with a salary that is not far away from double mine. I think I should get a percentage don't you? <g> Under the circumstances, I think her paycheck should come directly to you and you give her an allowance. Clearly, you have not trained your sister as well as I have trained mine. <g> ted