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

To: Mani1 who wrote (64764)12/1/2001 9:57:02 PM
From: niceguy767Respond to of 275872
 
Mani:

"I changed my AMD shares from long to short at $13.90. So we still have to see what comes of it. I think both AMD and Intel sold a lot of CPU into the channel for Q4 holiday sales. We have yet to see if that materializes. Flash is showing no sign of strengthening."

Should find out this week whether or not AMD can break out of current channel of $12.50 to $14.25...As already mentioned, I'm positioned for upside breakout given INTC at $30 plus and SOI news in the wings...



To: Mani1 who wrote (64764)12/3/2001 8:09:15 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
Mani:

AMD flirting with $14.25 once again today...TA says if it breaks thru (i.e closes above) $14.25, a nice little upward move is in store...We'll probably know this week, maybe even tomorrow, just how formidable the $14.25 upper boundary is...I'm positioned for upside breakout...Just too much high quality product and research at AMD for AMD to remain in the $12.50 to $14.25 trading range any longer!!!


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