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


To: tejek who wrote (46478)7/8/2001 3:27:48 AM
From: PetzRead Replies (2) | Respond to of 275872
 
tejek, take a look at this Intel chart: quote.yahoo.com

It was at ~ $24 when Jon Joseph issued his famous "the semi's have bottomed" anouncement. Since then, Intel has peaked at 32.49 on 19-April, $31.94 on 2-May, $31.14 on 7-June, and $30.46 on 3-July. I think the market is telling us that JJ's call was woefully premature.

PS - the lows are also declining -- look at the chart

Petz