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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (31494)4/8/1998 2:28:00 PM
From: Profits  Read Replies (2) | Respond to of 1583556
 
Jim,

It is good to see that there are still some honest people on this thread who have a brain and who realize AMD is a better investment than Intel right now. Intel is not interested in delivering good products to the marketplace, nor are they interested in their customers best interest. They are only interested in making the most profit possible. Even if it means shipping WILTED CELERY!!

Profits



To: Jim McMannis who wrote (31494)4/8/1998 4:10:00 PM
From: Richard Wang  Read Replies (1) | Respond to of 1583556
 
Jim, Your and my recent calls have been uncannily accurate.
I am frightened by the prospect of SEC investigating us for manipulating stock prices of AMD, NSM, and INTC. : )

The broad head-and-shoulders scenario for INTC still holds. The predicted right shoulder is still forming, and is now dangerously close to the neckline. Completion of the formation may be very soon, or may take a little longer, but it may be inevitable. Once the formation is complete at 70 or a little below, penetration of the neckline may also be inevitable.

The head-and-shoulders formation has taken maybe a year to complete. Due to the lengthy period for the formation, its penetration may have profound, serious, and dire consequences. Each 10% drop in INTC price will translate into 10-12 billions in market cap loss, so INTC may drag its little brethren and cousins and nephews into the abyss.

Richard