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


To: Ed who wrote (33460)6/20/1998 5:45:00 PM
From: Xpiderman  Read Replies (1) | Respond to of 1573092
 
AMD is rated as "AVOID" and being recommended as "SHORT CANDIDATE"
by Second Opinion, one of the top TA specialist.

Symbol: AMD
Name: ADVANCED MICRO DEVIC
Exchange: NYSE

COMMENT

MACD indicates a BEARISH TREND
Chart pattern indicates a STRONG DOWNWARD TREND
Relative Strength is BEARISH
Up/Down volume pattern indicates that the stock is under DISTRIBUTION
The 50 day MOVING AVERAGE is falling which is BEARISH
The 200 day MOVING AVERAGE is falling which is BEARISH
WATCH FOR RESISTANCE AT 18.55

RECOMMENDATION

STOCK IS A SHORT CANDIDATE
IF YOU ARE LONG; CLOSE POSITION OR MONITOR STOCK CLOSELY


AMD's fundamental number isn't any better:

Advanced Micro Devices Inc. (AMD) 18 -5/16: Lehman Brothers
lowers estimates on chip maker due to pricing pressures in the
chip sector; widens Q2 loss from $0.28 to $0.38 a share; widens
FY98 loss from $0.50 to $0.85 a share and lowers 1999 EPS estimate
from net $1.45 to $1.15 a share; continues to rate issue "neutral"

AMD
93 94 95 96 97 98
Mar $0.60 $0.81 $0.91 $0.07 $0.09 -$0.39
Jun $0.63 $0.89 $0.86 -$0.33 $0.07 -$0.38
Sep $0.60 $0.83 $0.52 -$0.25 -$0.22 -$0.08
Dec $0.41 $0.73 $0.52 -$0.15 -$0.09 $0.00

Year $2.24 $3.26 $2.81 -$0.66 -$0.15 -$0.85
Yr./Yr. n/a 45.5% -13.8% -123.5% -77.3% -146.6%

Historical P/E Range:
High 89 41 25 13 33 24
Low 27 18 11 5 9 13

If you have extra money, you may want consider ORCL and CPU, they
are in very good value now.

You may consider MO, the tobbaco company if making $$ is your
investment goal.