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

To: Xpiderman who wrote (33463)	6/20/1998 6:40:00 PM
From: Ed	Respond to of 1573135

I don't believe that you can predict the movement of AMD and many other tech stocks with technical analysis AT THIS TIME. The markets are currently driven by events in Asia and fear of bad earnings. However, I must disagree with your post regarding MACD. MACD crossed it's moving on 6/15. The last time MACD crossed it's moving average was on 4/13, and the crossover was on the downside. Like I showed in my previous post, a lot of other indicators turned bullish in the last couple of weeks. You can easily verify that yourself. Does this mean that the stock price is headed higher? No, it doesn't. You can't follow TA blindly, without looking at what's happening in the industry, the market in general and the company. I have to agree with you that it doesn't look too good for AMD at this time. The following is a general observation. Too many people on this thread are trying to prove technical advantages and disadvantages of Intel or AMD chips. Both companies make good microprocessors. AMD is trying to increase it's presence in the home market. Yes, Intel has faster CPUs, but you don't need a 500mhz CPU for a home use. What AMD is offering is MORE than sufficient. Can AMD compete with Intel in the server market? The answer is no. Is there room for more than Intel in the CPU market? Yes. Do you think OEMs want more then one supplier? I think they do. And finally, do you think Intel wants to kill AMD and NSM? I don't think the goverment would like that, and Intel knows it. So I think there is room for AMD in this market, and considering that they are a lot cheaper than Intel, there is a lot of room. Sorry for the long post, Ed