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

To: Tenchusatsu who wrote (42764)12/4/1998 2:29:00 PM
From: Bruce A. Thompson  Respond to of 1576270
 
RE: "Tanked 30% the next day"

I got a pot full of banannas waiting for a repeat of that day.

Bruce



To: Tenchusatsu who wrote (42764)12/4/1998 2:40:00 PM
From: Scumbria  Read Replies (2) | Respond to of 1576270
 
Ten,

Remember what happened the last time AMD announced earnings? People were expecting losses deeper than 10 cents per share, and AMD pulls off a surprise 1 cent EPS. The stock quickly tanked 30% the next day.

And then rose over 100% in the next 6 weeks.

Scumbria



To: Tenchusatsu who wrote (42764)12/4/1998 4:15:00 PM
From: TGPTNDR  Respond to of 1576270
 
Tenchusatsu re: <The stock quickly tanked 30% the next day.>

That was just the specialists getting the price down to where they wanted to buy.

tgptndr


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