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

To: reynoso who wrote (55749)	9/18/2001 3:56:45 PM
From: jcholewa	Read Replies (1) \| Respond to of 275872

> Anybody have an idea where the stock will bottom out? I am fairly sure that it will not go down by more than $9.50

To: reynoso who wrote (55749)	9/18/2001 4:03:34 PM
From: TGPTNDR	Respond to of 275872

Reynoso, Re: <Anybody have an idea where the stock will bottom out? > Someone may, but I don't. What I have is orders in for AMD @ $9.05. Not a lot, but some. I'm now under water on my buy of AMD Monday morning but well up on the AMR. Overall, however, down now from Monday AM. tgptndr

To: reynoso who wrote (55749)	9/18/2001 6:37:30 PM
From: andreas_wonisch	Respond to of 275872

Reynoso, Re: Anybody have an idea where the stock will bottom out? It broke through the long term rising channel this week (see athlon.purespace.de ), so all bets are off. OTOH, since the stock is already trading 20% below book value ($11) and below a price-to-sales ratio of 1.0, I don't think it can get much lower. IMO right now there are huge losses priced in (not only for this quarter but also for the following ones). It could be a good value play from here if you are betting on a economic recovery later this year. Andreas