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


To: wanna_bmw who wrote (80391)5/21/2002 1:12:18 PM
From: ElmerRead Replies (2) | Respond to of 275872
 
AMD stock is not going to the moon, despite what AMDroid Dan thinks, but it could have a significant upside with a flash recovery, and an increase in ASPs due to Hammer. That's why I have reinvested myself in AMD stock. I would recommend the stock to others, too, given its currently inexpensive price.

Exactly the case I've been making. Imagine the two of us being the AMD bulls!

EP



To: wanna_bmw who wrote (80391)5/22/2002 1:16:40 AM
From: Mani1Read Replies (3) | Respond to of 275872
 
Re <<That's why I have reinvested myself in AMD stock>>

Hammer or not, flash recovery or not, AMD is about 2 weeks away from an earnings warning. Add to that all the warning period over the next month and you might be able to get AMD at +20% discount to the current price.

The recent rally into Friday's option expiry was like clock work. I expect a decline into 1400 area for the NASDAQ over the next few weeks.

Once the summer is over, and market has realized that there is no end of the year recovery in the techs, then it is time to load up.

Mani