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


To: Dave Bissett who wrote (40230)5/16/2001 4:16:33 PM
From: niceguy767Respond to of 275872
 
Dave:

"Great close indeed. Technically could run very well....volume surge, daily stochastics racing up, Bollinger channel should show a strong turn to the upside, etc. Great to see this."

I suspect there is enormous pent up demand for "value equities" waiting for a release signal such as we've witnessed today...If so, a test of $48.50, AMD's all-time high, cannot be ruled out, especially inasmuch as a few more AMD leading edge product announcements should occur in this interval as well as a few more OEM announcements for the Athlon 4!!!