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

To: milo_morai who wrote (40526)	5/19/2001 7:49:28 AM
From: niceguy767	Read Replies (3) \| Respond to of 275872

milo: Nice summary.. Pleasant change to see 5 of 6 "green" for the week... Looks like AMD is under some serious accumulation now, particularly when one factors in the 8% dilution associated with the debenture conversion that has had to be digested over this interval...Well positioned for a test of $33.25, its near term high, in the upcoming week, which once successful, could easily result in price acceleration into the $40's...(After all, if over 25% of S&P stocks are at 52 week highs, I'd have to think that AMD is deserving of the same (i.e $48.50) given its outstanding fundamentals and the prospects going forward of achieving an average 25% growth rate over the next 5 years now that palomino is here and hammer is in the wings!!!