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

To: d e conway who wrote (41798)	11/18/1998 5:36:00 PM
From: Jim McMannis	Respond to of 1572690

Dan, AMD has risen 66% in the last 29 trading days. Another 66% is 46+. I don't see that happening in the next 30 days but you never know. Why? Analysts are still wary of Jerry and AMD. Last time it got to 48 a lot of them got burned....the K6 was something new and exciting but AMD couldn't deliver. Now they can but it's clearly a case of Wall Street moving to Missouri, the "show me" state. AMD is bumping up against 28 right now. No wonder since there was a 150k lock sold a few days ago when it hit 28. Have to work off the oversold condition as well. Then comes the 30-31 area. Major overhead resistance. When that's taken out, and it may take a while, then and only then is AMD free to run a while. Jim