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

To: JF2155 who wrote (40536)	11/1/1998 9:37:00 AM
From: Brian Hutcheson	Respond to of 1573718

Re. You believe most of the news was out at the last earnings report quote.yahoo.com pay particular attention to the large blocks being purchased as the stock moved up . Friday's daily chart is even more obvious as there were 2 500+k blocks plus numerous 300K and 200K blocks . If you shorted AMD the buyers were most likely mutual funds or even worse a large technology company with an interest in AMD. Brian

To: JF2155 who wrote (40536)	11/1/1998 9:50:00 AM
From: Jim McMannis	Read Replies (2) \| Respond to of 1573718

Jim, Jim "I'm curious on AMD rally these last 3 trading days . I believe most of the news out was already written in its last earnings . Large funds dumped AMD then because of high cost R& D and manufacturing." -------- Maybe there is some news coming next week or so that was leaked. Maxwell says Gateway will come on board. Maxwell is a pretty intuitive guy if you know what I mean. Maybe the 400 wasn't factored in the stock price. Sometimes Wall Street is way behind the curve. I've been there, for the most part the institutional managers aren't that smart compared to what you see here. Basically they are followers. It appears that AMD is getting some help on R&D from IBM and Motorola and manufacturing costs should be going down as the K6-2 processes mature. They are extending the life of the K6-2 and have the luxury of gaining more confidence with the K6-3 process...not having to rush it to market. They are sitting pretty good until the end of the year with 4th quarter production essentially sold out. Technically, you may well short the stock and pick up a couple of points but I'd say it's risky. Especially if AMD lands Gateway. At any rate you'd best be looking at a chart and pick a nice place to cover. Good luck, Jim Jim