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


To: chipguy who wrote (248988)3/19/2008 7:03:55 PM
From: graphicsguruRead Replies (1) | Respond to of 275872
 
Cuts can make a stock go up because Wall St.
celebrates a company coming out of denial about
the old bad news and doing something to keep costs down.

New bad news about current or future sales, however,
clearly drives the stock price down.

So the question is whether this move indicates new
bad news, or finally coming to grips with the old
bad news.

Charlie was indicating it was new bad news.