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


To: Henry J Costanzo who wrote (116897)3/10/2004 11:17:02 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
AMD is snake bitten...Seems whenever it reports solid results or gains the upper hand with its product lineup (notwithstanding 4 years ago) INTC or the market caves in around it thereby muting or stifling altogether and upward momentum...

Given all the AMD positives including record q4 revenues, the possibility of a very solid q1, the HPQ win, strong flash market, reiteration that A64 production on schedule and given a marketplace where INTC appears to be bumbling, fumbling and stumbling, it is hard to rationalize an AMD price below that of INTC! How does AMD secure the HPQ win and not only not immediately tack on 50% from its already depressed level, but drop $2? Rational market hypothesis? You gotta be kidding me! Once this market settles, a major AMD revaluation cannot be ruled out! Now that would be an example of a rational market hypothesis!