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

To: wanna_bmw who wrote (79551)	5/6/2002 1:32:14 PM
From: tejek	Read Replies (1) \| Respond to of 275872

Ted, Re: "If there is any good news at all is that I don't think AMD will go much lower......its has some support around $10 1/4." I couldn't wait. Bought back in @ $10.95. I have a feeling that AMD is more being bashed by the overall market, than by Intel. I still look at fundamentals, and the fact that they are trading very close to book value ($10.30). Their executions screwups have cost them leads this year, but I still think that Hammer should win back some performance for next year (not to mention the hype normally associated with it). wbmw, like I said, I don't expect it will go much lower then the low ten's. However, I think that with tech you have to understand its not competition or the markets that's keeping stock prices depressed but the lack of demand; more specifically, the lack of anticipated future demand. As long as that's the case, in general, we won't see a lot of up movement in the tech stocks. FWIW. ted