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

To: Pravin Kamdar who wrote (40702)	5/21/2001 10:27:07 AM
From: niceguy767	Respond to of 275872

Pravin: "I just picked up 100 Intel June 25 and 100 Intel June 27.5 puts. At $30, Intel would be trading with a PE of about 60 (Using Osha's new estimates)." I'm waiting 'til INTC is overbought ($32???), but in the meantime accumulating AMD calls...The "big boys" haven't jumped on AMD yet, but they will and probably within the next 3 weeks...When they do, it could easily propel AMD into the $40's!!! ( A successful test of $33.25 and expanding volume will signal the next upleg...for the time being AMD is under fairly steady accumulation, a very positive sign)

To: Pravin Kamdar who wrote (40702)	5/21/2001 10:39:41 AM
From: niceguy767	Read Replies (1) \| Respond to of 275872

Pravin: AMD trading patterns over the past few days with big blocks going thru on the Ask and a rapid digestion of those 25 million plus shares associated with the convertible conversion suggest to me that AMD wants to test its legs...I just think we're verging on a fairly strong AMD breakout!!!

To: Pravin Kamdar who wrote (40702)	5/21/2001 11:19:26 AM
From: niceguy767	Respond to of 275872

Pravin: AMD volume is currently showing signs of picking up...A 10 million plus day should get us thru $33.25!!!

To: Pravin Kamdar who wrote (40702)	5/21/2001 11:54:36 AM
From: niceguy767	Respond to of 275872

Pravin: AMD approaching near term high of $33.25...Fasten your seatbelts as volatility could get extreme (with a very positive bias, I'd guess!!!) as evidenced by pullback to $33 from $33.22...(Just not much resistance between $33.25 and the $40's...little bit in $36 to $38 range)

To: Pravin Kamdar who wrote (40702)	5/21/2001 1:07:19 PM
From: niceguy767	Respond to of 275872

Pravin: Each time that AMD backs off, volume rate declines...If general indices remain firm this PM, I'm looking for a run in AMD, well beyond $33.50 by the close ($35???)...Once AMD breaks from $33.25 (i.e trades above $33.75), a scramble for shares could easily develop!!!